Latecomer Advantage, Disruptive Innovation, And Industry Growth In Developing Countries
Industry growth strategy for developing countries has been a major issue in industrial economics and strategic management. Despite the apparent disadvantages and inferiorities of developing countries, latecomer advantage stream emphasizes the benefits of the late arrival in the industry arena and the leapfrog along the development trajectory. Disruptive innovation theory argues that firms in developing countries should adopt disruptive technology to gain the foothold, and then through sustaining innovation along a redefined trajectory to move to upper market. Through the comparison of these two theories in six aspects, we find that the disruptive innovation serves better to guide the industry growth in developing countries.
latecomer advantage disruptive innovation firm strategy industry growth
WANG Mingming WANG Liang
School of Economics and Management Shanghai Maritime University, Shanghai, P. R. China. 200135 Department of Management, College of Business Administration, University of Nebraska, USA, 68588
国际会议
2010 International Conference on Management(2010管理国际大会)
上海
英文
695-703
2010-07-24(万方平台首次上网日期,不代表论文的发表时间)