From lagging behind to going beyond: windows of opportunity and latecomers' catch-up strategies

IF 5 3区 管理学 Q1 BUSINESS
Yicun Li, Yuanyang Teng, Dong Wu, Xiaobo Wu
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Abstract

Purpose To answer the questions: what roles windows of opportunity act in the catchup process of latecomers, what strategies latecomer enterprises should adopt to size windows of opportunity to catch-up with incumbents even going beyond? Design/methodology/approach This paper studies the catch-up history of the Chinese mobile phone industry and proposes a sectoral innovation system under scenario of technology paradigm shifts. Then a history-friendly simulation model and counterfactual analysis are conducted to learn how different windows of opportunity and catch-up strategies influence the catch-up performance of latecomers. Findings Results show latecomers can catch up with technology ability by utilizing technology window and path-creating strategy. However, catching up with the market is not guaranteed. Demand window can help latecomers to catch up with market as it increases their survival rates, different sized windows benefit different strategies. However, it also enlarges incumbents' scale effect. Without technology window technology catch up is not guaranteed. Two windows have combination effects. Demand window affects the “degree” of change in survival rates, while the technology window affects the “speed” of change. Demand window provides security; technology window provides the possibility of a breakthrough for technology ability. Practical implications The findings of this paper provide theoretical guidance for latecomer enterprises to choose appropriate catch-up strategies to seize different opportunity windows. Originality/value This paper emphasizes the abrupt change of industrial innovation system caused by technology paradigm shifts, which makes up for the shortcomings of previous researches on industrial innovation system which either studied the influence of static factors or based on the influence of continuous changes.
从落后到超越:机会之窗和后来者的追赶策略
目的:回答机会之窗在后发企业追赶过程中扮演什么样的角色,后发企业应该采取什么样的策略来把握机会之窗,从而赶上甚至超越现有企业。本文研究了中国手机产业的追赶历史,提出了技术范式转换情景下的行业创新体系。然后通过历史友好型仿真模型和反事实分析来研究不同的机会窗和追赶策略对后发企业追赶绩效的影响。结果表明,后发企业可以通过技术窗口和路径创造策略实现技术能力的追赶。然而,并不能保证赶上市场。需求窗口可以帮助后来者赶上市场,因为它增加了他们的存活率,不同大小的窗口有利于不同的策略。然而,这也扩大了现有企业的规模效应。没有技术窗口,技术的追赶是无法保证的。两个窗口具有组合效果。需求窗口影响存活率变化的“程度”,而技术窗口影响变化的“速度”。需求窗口提供安全保障;技术窗口为技术能力的突破提供了可能。本文的研究结果为后发企业选择合适的追赶战略,抓住不同的机会窗口提供了理论指导。本文强调技术范式转换导致的产业创新系统突变,弥补了以往研究产业创新系统研究静态因素影响或基于持续变化影响的不足。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
10.40
自引率
17.60%
发文量
107
期刊介绍: The subject of innovation is receiving increased interest both from companies because of their increased awareness of the impact of innovation in determining market success and also from the research community. Academics are increasingly beginning to place innovation as a priority area in their research agenda. This impetus has been partly fuelled by the Economic & Social Research Council (ESRC) who have designated innovation as one of nine research areas in their research initiative schemes.
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