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ISMOT | Complete Success of the 8th International Symposium on Management Of Technology (ISMOT 2016)
Date:2017-04-10 Readed:904 【Print

The International Symposium on Management Of Technology (ISMOT 2016) focusing on the “Innovation-driven Capability Building and Industry Development” was solemnly opened in the Zijingang Campus of Zhejiang University from December 3 to 4, 2016. Various distinguished guests attended the ISMOT 2016 to give fabulous speeches on the theme of “Innovation”, including ten academicians from the Chinese Academy of Engineering, Professor Luc Soete from Royal Dutch Academy of Sciences, Professor Garry Bruton who was also the Deputy Editor-in-chief of SEJ, the internationally top journal in innovation management, President Keun Lee of the International Schumpeter Society at the UN, and other well-known academics both domestic and international, as well as executives of Geely Automobile, Midea, IEG and other enterprises.

A capacity crowd of audiences transformed the site to be bustling with nearly 300 domestic and international academics, entrepreneurs, and teachers and students from the Zhejiang University.

The International Symposium on Microwave and Optical Technology (hereinafter referred as ISMOT) was founded in 1995 by Professor Xu Qingrui from the School of Management at Zhejiang University, who also enjoys the titles of “the Father of Chinese Innovation Management” and academician from the Chinese Academy of Engineering. It has now become a major international academic event with the largest scale and highest level in China and relatively important global influences, after its successful holding for seven times. The opening ceremony of ISMOT 2016 kicked off at 9:00 am of December 3 under the keen expectations of audiences. Dean and Professor Wu Xiaobo from the School of Management at Zhejiang University hosted the ceremony as the chairman of this symposium, and introduced the important guests that attended ISMOT 2016.


Part I. Keynote Reports

Professor Luc Soete, a renowned economist, illustrated his thinking on funding researches in the era of global challenges. He pointed out that, the idea of “Innovation can always heal the economy” formed nothing but a shallow perspective, and we should pay adequate attention to the negative impacts of innovations since the concepts of “Creative Destruction” and “Destructive Creation” brought up by Joseph Schumpeter, the “Father of Innovation”, were merely two sides of the same coin. On the other side, Dean and Professor Wu Xiaobo from the School of Management at Zhejiang University talked about “From Catch-up to Transcend: Empirical Experiences of Chinese Enterprises and the Enlightenments”, which proposed that the problem of China breaking through the “Middle Income Trap” was actually the problem of cultivating “abilities”, and the country could only surmount the “Middle Income Trap” when Chinese enterprises achieved actual leaps on their “abilities” through the combination of “linear learning and nonlinear learning”.

Professor Garry Bruton from the Texas Christian University elaborated the topic of “System Theories and Innovation—the Transcendence over the Consistency: From Legitimacy Pressure to Reflexivity”, during which he applied the reflexivity of system to the connection between the foundation innovation and system theories to help people understand “How to improve the reflexivity” and “When does the reflexivity generate greater significance on organizations”. Professor Kuen Lee from Seoul National University, South Korea, gave a speech on the “Intellectual Poverty Rights, Abilities and Economic Catch-up”. He analyzed the general innovation and process of expansion under different protection levels of intellectual poverty right, explored the technical import in the early stage and the technical imitation in the latter stage, and conducted empirical tests about the influences of trademarks and patents on the growth of enterprises.

Part II: Academician Forum

Academician Wang An, the expert on mining engineering of modern colliery, talked about “The Current System Mechanism and Supply-side Structural Reform in China”. He believed that the superiority of socialist system hadn’t been fully played due to the unreasonable layouts and structures of our energy and industry. Under the New Normal, the supply-side reform should focus on improving qualities, reducing costs and increasing product diversities to enhance the economic competences of products. Academician Zhu Gaofeng, the expert on communication technology and management, analyzed the topic of “How to Actually Push Forward Chinese Economic Development with Innovation”. He thought that there had been a long-term problem of technology and economy “being separated from each other” in China. We should clearly define the connotation of creation, carefully select the methods of innovation, carry out the function of government, pay attention to the technical origins, and attach importance to the original innovation and integrated innovation.

Academician Shen Rongjun, the expert on lunar exploration program, brought up his thinking towards the strategic development of Chinese aerospace technology, who believed that multi-functional large satellites (all-in-one satellites) consisted of the development orientation in the future. Therefore we should make up our weaknesses in the systemized development of heavy load satellites and reinforce the researches on the reusable spacecraft. Professor Chen Jin from Tsinghua University illustrated “The Path and System of Chinese Enterprises’ Innovation”. According to his speech, the pace of Chinese innovation should evolve from gradual improvements to breakthroughs, while Chinese enterprises should follow the independent innovation path that was transforming from the second innovation to the integrated innovation, and finally to the original creation. Meanwhile, the future of development was heading to establishing the innovation ecosystem and ecological innovation system.

Academician Ling Wen, the expert on the management of system engineering and energy engineering introduced “The Explorations and Practices of the Industrial-academic-research Collaborative Innovation Conducted by Shenhua”. Faced with such innovation rubs as wide industrial span, high technical difficulties and insufficient researching foundations, Shenhua had opened a new path of industrialization that emphasized integrated collaboration and resource sharing absorbing power from both “scientific creation and management innovation” and the innovative mode of combining internal and external resources. Academician Hu Wenrui, the expert on the exploration and development of oil and gas fields, brought us the speech on “Regain the Understanding of Oil”. He believed that updates in the understanding of oil mainly served the objective demonstrated by “Preparedness ensures success, and unpreparedness spells failure”. Chinese government and enterprises should face such a tendency of oil as soon as possible to prepare corresponding strategic layout.

Professor Guo Chongqing, the master of Chinese engineering design, reoriented the pattern, level and direction of innovation. He believed that we would enter the era of machine decision-making, in which precious information closest to the real world would be hidden in the big data. For scholars, the management would be redefined by big data. The study on management science would be given the second birth if we seize the opportunity, or continue to be marginalized if we don’t. Professor Liu Xielin from the University of Chinese Academy of Sciences gave the speech surrounding the topic of “The Exploration into the System and Policies of Innovation Driving Forces—Efforts from a Schumpeterist”.He pointed out that we needed to reduce the government intervention, change the old-fashioned managing mode in research institutes and universities, and transform the inertia of our traditional management thinking, including the ignorance towards the development of small businesses and the particular stress on science and technology input rather than system reform.

Part III: Forum on Intellectual Property 

Professor Ian Williamson from the Melbourne Business School introduced his research on the effects of human resource management in innovating process. He proposed that innovation included two steps rather than simply producing new ideas: The first step was the invention of new ideas, while the second one was to create valuable procedures, products and services with the ideas. The generation and application of new ideas required different resources, thus the human resources of enterprises could affect the production of innovations.

Professor René Belderbos from the Maastricht University in Holland displayed the study on the connection between enterprise’s intellectual strategy and location selection. He explained that geographical neighborhood would increase the knowledge spillovers between enterprises, which should be taken into consideration in choosing locations. Geographically adjacent enterprises would need special methods to reduce the knowledge spillovers and enhance the exclusivity.

Professor Huang Guangli from the National University of Singapore illustrated the study on the system transformation of intellectual property protection polices and innovation strategies in China. He mentioned that a system that encouraged innovations was vital for improving competences, among which the intellectual property protection polices remained an essential part. Currently, Chinese enterprises had lower response speed towards the sudden changes in domestic intellectual property polices compared with foreign enterprises, due to our lack of understanding about the effects of different system shifts.

In the end of the forum, three reporters conducted round-table discussion regarding their speeches with Professor Huang Can from the School of Management at Zhejiang University. They also patiently answered the questions of audiences, which received heated responses in the room.

Part IV: Enterprise Independent Summit

Mr. Feng Qingfeng, Vice President and Chief Technology Officer of Geely Group, gave a speech on “Geely Automobile: Create Future with Intelligence”. Combined with Geely’s successful experiences, he explained the opinion mainly from three aspects, including formulating standards for smart manufacture, keeping up with the demands of clients to lead the direction of creation, and activating the vitality among the corporate with system innovation. He believed that organizational reform contributed to the key of Geely’s innovation. Geely automobile kept its feet steadily in the highly competitive market of automobile production through the innovation of systems.

Dr. Hu Ziqiang, Vice President and President of Academy of Science of Midea Group, presented the theme of “Strategic Transformation from Following to Leading”, which illustrated the global innovation ecosystem of Midea. He pointed out that the key to Midea’s success was the 333 strategy, referring to three years from product quality to operation quality, three years from top 3 to the leader of household appliance industry, and finally three years from global layout to international business, while all these movements were focusing on the customers.

Dr. Jiang Tailin, Vice President of IEG consulting firm, President of Fasinno Innovation Academy and Executive Academician of International TRIZ Society, talked about “The Design Thinking and Independent Innovation”. He vividly displayed the idea of “Methodology leads independent innovation” from the perspective of methodology, surrounding the precise steps of design thinking. In addition, he explained more specific methods of operation in the five segments, including the understanding towards emotions, the discovering of insights, the emerging of ideas, the forging of prototypes, and the experiment test.

After the generous sharing, three guests from enterprises conducted extensive discussion with Professor Wei Jiang from the School of Management at Zhejiang University about “How to Undertake the Historical Responsibilities, Realize the Independent Innovations and Transcendences as for Chinese Enterprises”. At the same time, other representatives attending the summit also actively shared their ideas and engaged in the exchange of views.

Part V: Parallel Reports

In addition to above forums, this symposium also opened 14 parallel reports for various scholars from domestic colleges to display their latest researches. The symposium determined the winners of “Best Papers Award” by evaluations.

The School of Management at Zhejiang University has been hosting ISMOT with the intention of truly promoting the healthy development of Chinese innovation management by conducting academic sharing and “collisions” collectively among domestic and international “giants” in the creation area. As the “pioneer” of Chinese innovation management, the School of Management at Zhejiang University will continue to perform its responsibility of “cultivating the healthy strength that will lead the future development of China”, create more opportunities for relevant scholars and enterprises to “enjoy the wisdom” and communicate with each other, and deliver more excellent brainpowers of innovation management to verified circles in the entire society.


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