Because, W. Peng (2006) innovation is at the heart of an entrepreneurial mindset. On average, there is a positive relationship between a high degree of innovation and superior profitability. Innovation strategy is a specialized form of differentiation strategy. (1) Innovation allows for a potentially more sustainable basis for competitive advantage. (2) Innovation should be regarded broadly. Technological breakthroughs are not the only innovations less novel but still substantially new ways of doing business are also innovations.
J. Warren (2002) as the important of global marketing in firms, many companies have recognized the importance of conducting business activities outside the home country. The rise of the global corporation closely parallels the rise of the national corporation, which emerged from the local and regional corporation. In fact, the company will survive and prosper in the global enterprises. Some company do not respond to the challenges and opportunities of globalization will be absorbed by more dynamic enterprises.
Philip Kotler (1999) Market-oriented strategic planning is the managerial process of developing and maintaining a viable fit between the organization’s objective, skills, and resources and its changing market opportunities. The aim of strategic planning is to shape and reshape the company’s businesses and product so that they yield target profits and growth. Strategic planning takes place at four levels: corporate, division, business unit, and product.