Research on GE's Organization Innovation and Its Enlightenment

摘要

Joseph Schumpeter's innovation theory includes the following five categories: development of new products or improvement of original products; adoption of new methods of production; exploration of new markets; discovery of new ingredients or semi-manufactured goods; and creation of new industry organizations. In light of General Electric Company's case, this paper sums up five types of enterprise innovation capabilities in conformity with five categories in innovation theory, i.e., product innovation, technology innovation, market innovation, resource allocation innovation and organization innovation, with a detailed analysis on organization innovation and its enlightenment for Chinese enterprises.