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How China Creates the Strongest Innovation System

The BMI Lab Blog

Next-generation information technology. The growing percentage of funds allocated to technology innovation clearly shows China's ambition on innovation leadership (source: Prof. In 2003 BYD created an automotive subsidiary, specializing in building electric cars. Electrical power. New-energy automotive. High-end robotics.

System 58
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33 Routes to Open Innovation

Open Innovation EU

It has been a while since Henry Chesbrough coined the term Open Innovation and formulated it’s definition: “combining internal and external ideas as well as internal and external paths to market to advance the development of new technologies.” ” ( Chesbrough, 2003 ). Route 3: Spin-off. Route 7: Spin-out.