Compatibility-management between innovation and earning: Business management of cutting-edge photonics company, contributing to three nobel prize wins

Mitsuhiro Kurashige, Makoto Hirano, Sadayo Hirata, Kiyonori Sakakibara

Research output: ResearchConference contribution

Abstract

Hamamatsu Photonics, an excellent Japanese photonics company which started-up in phototubes business as their original vocation indispensable for light detection (HQ; Hamamatsu city, Shizuoka prefecture Japan) and has been growing while keeping high compatibility between innovations and earnings, so as to having contributed to Nobel Prize wins. We investigated the reason why they can effectively balance both innovations and earnings while consistently pursuing the unexplored dreams of photonics through top interviews etc. and as a result, we found that the corporate management systems have been built in a cross sectoral manner such as (1) unique SECI model like in-company knowledge circulation system, (2) open innovation practice system enhancing research and development covering very wide industrial areas around their core technologies, (3) on-site compatibility management between dreams (pursuit of the unknown and the yet-undiscovered) and wallet (earning and expense), (4) autonomous-decentralized management system to meet their customers needs agilely and flexibly and (5) non-achievement-based human resource cultivation system to encourage self-motivated challenges.

LanguageEnglish
Title of host publicationPICMET 2016 - Portland International Conference on Management of Engineering and Technology: Technology Management For Social Innovation, Proceedings
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages937-944
Number of pages8
ISBN (Electronic)9781509035953
DOIs
StatePublished - 2017 Jan 4
Event2016 Portland International Conference on Management of Engineering and Technology, PICMET 2016 - Honolulu, United States
Duration: 2016 Sep 42016 Sep 8

Other

Other2016 Portland International Conference on Management of Engineering and Technology, PICMET 2016
CountryUnited States
CityHonolulu
Period16/9/416/9/8

Fingerprint

Business management
Compatibility
Nobel prize
Management innovation
Photonics
Innovation
Industry
Management system
Systems research
Human resources
Vocation
Customer needs
Japan
SECI model
Expenses
System development
Corporate management
Open innovation
Phototubes
Personnel

ASJC Scopus subject areas

  • Engineering (miscellaneous)
  • Medicine (miscellaneous)
  • Management Science and Operations Research
  • Management of Technology and Innovation
  • Information Systems and Management

Cite this

Kurashige, M., Hirano, M., Hirata, S., & Sakakibara, K. (2017). Compatibility-management between innovation and earning: Business management of cutting-edge photonics company, contributing to three nobel prize wins. In PICMET 2016 - Portland International Conference on Management of Engineering and Technology: Technology Management For Social Innovation, Proceedings (pp. 937-944). [7806575] Institute of Electrical and Electronics Engineers Inc.. DOI: 10.1109/PICMET.2016.7806575

Compatibility-management between innovation and earning : Business management of cutting-edge photonics company, contributing to three nobel prize wins. / Kurashige, Mitsuhiro; Hirano, Makoto; Hirata, Sadayo; Sakakibara, Kiyonori.

PICMET 2016 - Portland International Conference on Management of Engineering and Technology: Technology Management For Social Innovation, Proceedings. Institute of Electrical and Electronics Engineers Inc., 2017. p. 937-944 7806575.

Research output: ResearchConference contribution

Kurashige, M, Hirano, M, Hirata, S & Sakakibara, K 2017, Compatibility-management between innovation and earning: Business management of cutting-edge photonics company, contributing to three nobel prize wins. in PICMET 2016 - Portland International Conference on Management of Engineering and Technology: Technology Management For Social Innovation, Proceedings., 7806575, Institute of Electrical and Electronics Engineers Inc., pp. 937-944, 2016 Portland International Conference on Management of Engineering and Technology, PICMET 2016, Honolulu, United States, 16/9/4. DOI: 10.1109/PICMET.2016.7806575
Kurashige M, Hirano M, Hirata S, Sakakibara K. Compatibility-management between innovation and earning: Business management of cutting-edge photonics company, contributing to three nobel prize wins. In PICMET 2016 - Portland International Conference on Management of Engineering and Technology: Technology Management For Social Innovation, Proceedings. Institute of Electrical and Electronics Engineers Inc.2017. p. 937-944. 7806575. Available from, DOI: 10.1109/PICMET.2016.7806575
Kurashige, Mitsuhiro ; Hirano, Makoto ; Hirata, Sadayo ; Sakakibara, Kiyonori. / Compatibility-management between innovation and earning : Business management of cutting-edge photonics company, contributing to three nobel prize wins. PICMET 2016 - Portland International Conference on Management of Engineering and Technology: Technology Management For Social Innovation, Proceedings. Institute of Electrical and Electronics Engineers Inc., 2017. pp. 937-944
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