Enhancing the value of an innovative development community through the virtual community perspective Online publication date: Sun, 20-Sep-2009
by Jiun-Hung Lin, Tzong-Ru (Jiun-Shen) Lee, Ching-Ya Hu
International Journal of Value Chain Management (IJVCM), Vol. 3, No. 3, 2009
Abstract: Facing competition from China, the survival way of Taiwan's precision machine industry is gaining competitive advantage from Research and Development (R&D). The government established an Innovation Development Community (IDC) to provide an internet-based platform for firms to exchange information, find chances to cooperate and form a virtual community. Since the IDC is a virtual community, developing the proper functions and services that the IDC should provide based on the virtual community-related theory is an interesting topic. This study adopts the theory of Capture-Increasing Returns (CIR) to the virtual community to find the proper new services that the IDC should provide to help member firms gain resources that would enhance their R&D ability and create much more product value through enhanced R&D ability and also upgrade the precision machine industry in Taiwan from a traditional manufacture industry to a high technology-based industry.
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