Innovation is a key driver of economic growth. Countries and regions have succeeded with different models of innovation, driving economic development and wealth creation. The US benefited from passionate entrepreneurs who took great risk, but succeeded in creating new technologies and industries. Taiwan and Singapore developed innovation ecosystems with support of the governments. Entrepreneurs in China also succeeded in creating large enterprises, such as Alibaba, Huawei, and Tencent, leveraging the rapid change in technologies and the transformation in the economy.

Prof. Otto Lin's book, 'Innovation and Entrepreneurship: Choice and Challenge', is a must read by every innovator and entrepreneur. It provides historical, global and societal perspectives on the process and challenges of innovation and entrepreneurship. The factors of success, practical issues, and challenges are discussed with many examples. The book serves as an important guide to innovators, entrepreneurs, government leaders, and university researchers as they consider the process of research to commercialization and in developing innovation ecosystems.

Congratulations to Professor Lin for such an outstanding, timely book. - S Jack Hu, J Reid and Polly Anderson Professor, Vice President for Research, University of Michigan

This book discusses practical issues of innovation and entrepreneurship. It first outlines the basic factors contributing to economic growth in the knowledge-based economy. Portraying wealth creation as taking scientific research results from lab to market, it identifies two interlinking components of the innovation process: turning scientific research to industrial technology and nurturing an eco-system conducive to technology business. Thus, it clarifies the position and role of four institutional players of the national innovation system: university (U), technology institute (T), government (G) and business (B). Making these players interact synergistically provides a fertile environment for innovation and entrepreneurship. The development of Silicon Valley, Hsinchu, Shenzhen and Singapore are illustrated as examples.

For the technology entrepreneur, having a novel technology or unique product does not guarantee commercial success. It requires an effective business model, ability to execute business plan and entrepreneurial culture, all related to the soft power attributes of the entrepreneur team. The competitiveness of innovation and management of entrepreneurship are analyzed based on the concepts of Laozi and Confucius.

Every entrepreneurship must learn to manage the challenges brought about by the changing business environment. The competitiveness and sustainability of a business is reflected by its ability to manage the change, both in bad and in good times. Every choice it makes will bring about new challenge. This is a definite, continuous and cyclic phenomenon occurring to all types of business. Some case examples of success or failure in managing challenges are given. They include: Alibaba Group, Ardentec IC testing, Cisco Systems, Delta Electronics, Eastman Kodak, Epistar HBLED, Fairchild Semiconductors, General Motors, GIANT carbon fiber bicycles, Tencent Holdings, TSMC, Volkswagen and others.

This book is based on the author's practice and observation in technology and economic development especially in the Asia Pacific region during the post-1990s period. It is intended to be a reference of best practices for entrepreneurs, corporations and countries striving to make its mark in the knowledge-based economy.

Review

Otto Lin has vast knowledge and personal experience in technological innovation gained in Taiwan, Singapore, Hong Kong and China as well as by consulting throughout the world. This valuable book gives many useful insights through practical examples of successful design and creation of centers of innovation, in most of which Lin himself participated. This book should be read and frequently consulted by people trying to build innovation and a technological economy within their own country or getting into the arena professionally.

The Industrial Technology Research Institute (ITRI) in Hsinchu, Taiwan, headed by Lin from 1988 to 94, was the prime early example of a concerted and highly effective government effort to use technological innovation for economic growth. More recently Lin has been the guiding force behind the very successful Nansha Industrial Park on the Pearl River Delta in China.
--C Judson King, University of California, Berkeley, USA

There are many books about innovation and entrepreneurship. But this one by Otto Lin, Innovation and Entrepreneurship: Choice and Challenge, is truly unique. It is based on the life-time experience, wisdom, and leadership of Otto Lin, who is a global veteran innovation thinker and practitioner. It is a book that brings together Western innovation theories and Eastern wisdom. It is also a book that blends best innovation practices of North America and East Asia together. It is full of fascinating stories and penetrating insights that makes it difficult to put it down once you start reading. It is a must-buy book for people who care about innovation and entrepreneurship. --XUE Lan, Tsinghua University, P R of China

Prof. Otto Lin brings to readers very unique perspective on innovation and entrepreneurship through his insights and wisdom. The book first introduced how industry innovation can be developed through industry/university/government collaboration with an insightful view on National Innovation System which consists of different roles of university, government, business, as well as the technology institute. It is quite unique to use the perspectives of Laozi to illustrate the power of real and virtual in the competitiveness of innovation, as well as the Confucianism in connecting self to the society for the innovation culture management . The book also used real case studies based on four different innovation hubs (Silicon valley, ITRI in Hsinchu, Taiwan, Shen Zhen, and Singapore) to illustrate how the innovation can impact the economic growth. Finally, the "Role Models" section used diversified examples to examine how different companies transformed their innovation through integrated core technologies and business value creation processes.

I must say that this is a unique book with insightful views on technology, business value, culture, as well as economical development. I think it will benefit a broad range of readers.

--Jay Lee, University of Cincinnati, USA

"About this title" may belong to another edition of this title.

Store Description

GreatBookPrices.com is your top source for finding new books at the absolute lowest prices, guaranteed ! We offer big discounts - everyday - on millions of titles in virtually any category, from Architecture to Zoology -- and everything in between. Discover great deals and super-savings, on professional books, text book titles, the newest computer guides, or your favorite fiction authors. You'll find it all - at HUGE SAVINGS - at GreatBookPrices. Browse through our complete online product catalog today. Serving customers around the world for years, we help thousands find just the books they're looking for -- at incredibly low, bargain prices.

Visit Seller's Storefront

Seller's business information

Far Corner Europe Limited
19-20 Bourne Court, 19-20 Bourne Court, Woodford Green, IG8 8HD, United Kingdom

Sale & Shipping Terms

Terms of Sale

Company Name: GreatBookPricesUK
Legal Entity: Far Corner Europe Limited
Address: 19-20 Bourne Court, Southend Road, Woodford Green Essex, UK IG8 8HD
Registration #: 10691061
Authorized representative: Danielle Hainsey

Right of withdrawal

If you are a consumer you can withdraw from the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.

Information regarding the right of withdrawal

Statutory right to withdraw

You have the right to withdraw from this contract within 14 days without giving any reason.

The withdrawal period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last good or the last lot or piece.

To exercise the right of withdrawal, electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". We will communicate to you an acknowledgement of receipt of such a withdrawal on a durable medium (e.g. by e-mail) without delay.

To meet the withdrawal deadline, it is sufficient for you to send your communication concerning your exercise of the right of withdrawal before the withdrawal period has expired.

Effects of withdrawal

If you withdraw from this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).

We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.

We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to withdraw from this contract.

We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.

We may withhold reimbursement until we have received the goods back, or you have supplied evidence of having sent back the goods, whichever is the earliest.

You shall send back the goods or hand them over to GreatBookPricesUK, Castle Donington, Derby, United Kingdom, without undue delay and in any event not later than 14 days from the day on which you communicate your withdrawal from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.

Exceptions to the right of withdrawal

The right of withdrawal does not apply to:

The delivery of newspapers, journals or magazines with the exception of subscription contracts; and
The supply of digital content which is not supplied on a tangible medium (e.g. on a CD or DVD) if you accepted when you placed your order that we could start to deliver it, and that you could not withdraw once delivery had started.

Shipping Terms

Our warehouses across the globe are fully operational without substantial delays. We are working hard and continue to overcome the daily challenges presented by COVID-19. There have been reports that delivery carriers are experiencing large delays resulting in longer than normal deliveries to customers. We would like to apologize in advance if your item arrives later than the expected delivery due date.

Internal processing of your order will take about 1-2 business days. Please allow an additional 4-14 business days for Royal Mail delivery.

Shipping rates from United Kingdom to U.S.A.

Shipping rates from United Kingdom to U.S.A.
Order quantity	10 to 30 business days	10 to 27 business days
First item	� 15.00	� 15.00

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.

Detailed Seller Information