Knowledge management and innovation strategy: The challenge for latecomers in emerging economies

被引:115
作者
Li, Jiatao [1 ]
Kozhikode, Rajiv Krishnan [1 ]
机构
[1] Hong Kong Univ Sci & Technol, Dept Management Org, Kowloon, Hong Kong, Peoples R China
关键词
latecomer catching-up; absorptive capacity; complementary assets; strategic intent; emulation; strategic renewal;
D O I
10.1007/s10490-007-9076-x
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
The success of latecomer firms from the emerging economies challenges the conventional wisdom on entry timing and resource-based competence. Building on research on institutions in emerging economies and the resource-based perspective in strategic management, we propose a model to explain how resource poor latecomer firms in emerging economies catch up with the multinational incumbents. We classify latecomers based on their strategic learning intent as either emulators or blind imitators. The strategic learning intent depends on a firm's complementary assets and its absorptive capacity. Firms that choose emulation develop flexible routines, while firms that choose blind imitation end up with rigid routines. Over time, when there is a need for resource renewal, firms that have flexible routines are better positioned to respond. We take the Chinese mobile phone industry as an exemplar to illustrate the core issues in latecomer catching up of emerging economy firms.
引用
收藏
页码:429 / 450
页数:22
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