The Systematic Model (ESFE) for Implementation of Open Innovation in Yuchai Group in the Peopleos Republic of China
Purpose: This paper aims to develop a systematic model of open innovation from a systematic view based on the case study of Yuchai Group‘s practices to illustrate the knowledge input and output in the open-innovation model. Design/methodology/approach: The systematic model of open innovation is constructed based on Yuchai Group‘s practices in the People‘s Republic of China from a grounded theory approach. Findings: The results show that, from the systematic view, the dynamic process of open innovation is divided into four interconnected parts: elements, integration, evaluation of performance and adjustment to the environment. For Yuchai Group, the element acquisition are much more vital than the development of ideas.
