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: Chapter in Book/Report/Conference proceedingConference 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.

    Original 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
    Publication statusPublished - 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

    Photonics
    Innovation
    Phototubes
    Industry
    Personnel
    Business management
    Compatibility
    Nobel prize
    Management innovation
    Management system

    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.. https://doi.org/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: Chapter in Book/Report/Conference proceedingConference 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. https://doi.org/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 https://doi.org/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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