Seeking Approaches to an Evolutionary Development: Case Study On Pattern Selecting of Technological Innovation in Chinese Mining Companies

Ms Heying Yang
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Resource-based companies have been involved in an urgent developing dilemma between resource exploration and resource exhaustion, which requires multilevel readjustment in government policy, company strategy and specific technology research projects all over the world, especially in developing countries. Based on theories of devleoping strategy, this paper aims to disclose a sustainable access to a prospective development for Chinese mining company via pattern selecting of technological innovation. Technological innovation patterns are entailed along with the further understanding of the life circle of mining companies through which technological reform has been operated actively and effectively. In Chinese mining companies, four critical developmental stages are reviewed related to technology reform, namely, resource obtaining stage, resource exploring stage, balance producing stage and output declining stage. Followed that, a systematical analysis is examined, focusing on sustainable development of mining company. In case studies, three patterns of technological innovation are discussed respectively on the advantages and disadvantages in some famous mining companies home and abroad. Consequently, the abstract theoretical expounding is melted completely in individual practical problems in the process of the survival of mining companies. To conclude, a developing-oriented technological innovation is recommended to most Chinese mining companies after systematic analysis, rational choosing and related case studies.

Keywords: mining company, sustainable development, technological innovation pattern
Stream: Economics and Management
Presentation Type: Virtual Presentation in English
Paper: Seeking Approaches to an Evolutionary Development

Ms Heying Yang

lecture, School of Management, China University of Geosciences
Wuhan, Hubei Province, China

Heying Yang has been a lecture majored on management of science and technology for four years. she studied her Master on history of science and technology in China in 2001. She has published several papers on mining company management and sustainable devleopment. Heying has participated two research projects on mining company development and management in China. She is currently taking charge of a provincial research project on devloping strategies of mining company.This paper is part of the research fruit.

Ref: I06P0407