Enterprise Innovation – Product Innovation

For a country, creativity is an inexhaustible motive force for the national and social development; for an enterprise, innovation is the way for sustainable development

For a country, creativity is an inexhaustible motive force for the national and social development; for an enterprise, innovation is the way for sustainable development. So, if the enterprise do not innovate, it would be stagnated and eliminated. Enterprise innovation includes product innovation, process innovation, marketing innovation, and management innovation, etc. In which, product innovation plays an important role.

Product innovation is to meet the customer's requirement or develop new market through improving and creating products. Therefore, product innovation has two aspects: one is new product creation, the other is improvement of old product. Compare with products improvement, new product creation is a greater challenge for the enterprise. It need drive by market demand and pull by technical innovation. No matter what kind of product innovation, it must meet the market demand. Otherwise, no market for the products, and no support from the customer.

At present, the competition between enterprises is becoming increasingly fierce. The fierce competition brings product homogeneity. The increasingly serious phenomenon of product homogeneity not only bad for the enterprise development, but also impede the health development of the crusher industry. Product innovation is the responsibility for large enterprise and medium-small enterprise, through self striving and enhancing communication and cooperation to enhance the technical innovation capacity.

Luoyang Dahua Heavy Industry Science & Technology Co., Ltd. successfully develops plenty of advanced and high quality products by adopting new technical, strengthening international cooperation, and self innovation, which has won great praise and support.