Tasly’s open innovation paradigm*

HUANG Sujian, Wang Xin,YE Shuguang  and FU Yongmei

Institute of Industrial Economics, Chinese Academy of Social Sciences

Abstract:

The change in the environment for innovation in the 1990s spawned a transformation in the mode of corporate innovation from “closed innovation” to “open innovation” and from pure “technology innovation” to complete “systematic innovation.” Open innovation provides strong assurance for systematic innovation, while systematic innovation provides a platform for open innovation. Therefore, the corporate technology innovation model shall be an open and systematic model that can be referred to as an “open and systematic innovation” model. The working mechanism of open and systematic innovation is to turn exogenous factors into endogenous capabilities through system support. In this paper, we present a case study of the innovation practices and results of Tasly, an industrial group of modern TCM in China, under the “environment-strategy-behavior-performance” analysis template. This case study offers insight into how to speed up Chinese enterprises’ independent innovation processes.

Key Words:

Open innovation, systematic innovation, innovation paradigm, pharmaceutical industry

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