Organizational learning of emerging economy firms: The case of China's TCL Group
Organizational Dynamics(2011)
摘要
Traditionally, technology intensive industries such as electronics, information technology and pharmaceuticals have been dominated by firms from the U.S., Europe and Japan. Of late, there has been a shift in this triad dominance — firms from emerging economies, such as TATA of India, BYD of China, and Samsung Electronics of Korea, have become prominent players in some of these industries, with substantial market shares. In fact, emerging economy firms represented 35 percent of the world’s top 100 best performing technology companies according to Bloomberg-Business Week’s 2009 ranking. Of these, BYD and Tencent Holdings of China and TATA and Infosys Technologies of India were in the top 10. Most of these firms were late to enter their target industries, and began far behind the incumbents in terms of their technological capabilities. The emergence of these firms challenges conventional wisdom on entry timing and resource-based competence. Given their lack of rare, imperfectly imitable, valuable and sustainable resources, how did these technology-deficient emerging economy firms gain a foothold in technology intensive industries already dominated by resource-rich multinational incumbents? Studies that have addressed firm competence have tended to focus on already resource-rich firms. We know relatively less about how firms attain rare, hard to imitate, hard to transfer and highly valuable resources in the first place. This is even worse in the case of resource-poor emerging economy firms, such as China’s TCL and India’s Cadila Healthcare, attempting to catch up with resource-rich multinational incumbents such as Nokia and Johnson \u0026 Johnson. What are the sources of competence of such resource-poor firms from emerging economies, and how do some of these firms sustain this competence long enough to achieve global legitimacy? In this article, we integrate the disparate insights on such catching up to formulate a coherent model that extends the
更多查看译文
AI 理解论文
溯源树
样例
生成溯源树,研究论文发展脉络