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Value creation in regional innovation systems: The case of Taiwan's machine tool enterprises

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  • Oh, Eun-Teak
  • Chen, Kuo-Min
  • Wang, Lu-Mei
  • Liu, Ren-Jye

Abstract

Taiwan's machine tool industry is one of the few industries that do not depend on the support of foreign technologies. Nevertheless, it relies on the development of supplier networks among individual enterprises. This study clarifies the customer value creation mode of Taiwan's machine tool enterprises in a regional innovation system (RIS) by understanding the meaning of the value offered by suppliers to their customers and the dynamic development of value creation models across the boundaries of RIS.

Suggested Citation

  • Oh, Eun-Teak & Chen, Kuo-Min & Wang, Lu-Mei & Liu, Ren-Jye, 2015. "Value creation in regional innovation systems: The case of Taiwan's machine tool enterprises," Technological Forecasting and Social Change, Elsevier, vol. 100(C), pages 118-129.
  • Handle: RePEc:eee:tefoso:v:100:y:2015:i:c:p:118-129
    DOI: 10.1016/j.techfore.2015.09.026
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    1. Foroudi, Pantea & Yu, Qionglei & Gupta, Suraksha & Foroudi, Mohammad M., 2019. "Enhancing university brand image and reputation through customer value co-creation behaviour," Technological Forecasting and Social Change, Elsevier, vol. 138(C), pages 218-227.
    2. Kuen-Suan Chen & Tsun-Hung Huang, 2021. "A Fuzzy Evaluation Model Aimed at Smaller-the-Better-Type Quality Characteristics," Mathematics, MDPI, vol. 9(19), pages 1-13, October.
    3. Mei Han & Bilin Xu, 2021. "Distance with Customers Effects on Green Product Innovation in SMEs: A Way Through Green Value Co-creation," SAGE Open, , vol. 11(4), pages 21582440211, December.
    4. Min, Sujin & Kim, Juseong & Sawng, Yeong-Wha, 2020. "The effect of innovation network size and public R&D investment on regional innovation efficiency," Technological Forecasting and Social Change, Elsevier, vol. 155(C).

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