Research on the Path of Reverse Innovation: A Case Study of High-tech Industry Latecomer Firms in China

Xiaomei Han; Shanshan Liu

doi:doi:10.11648/j.ijefm.20200804.12

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Research on the Path of Reverse Innovation: A Case Study of High-tech Industry Latecomer Firms in China

Xiaomei Han, Shanshan Liu

Published in International Journal of Economics, Finance and Management Sciences (Volume 8, Issue 4)

Received: 24 June 2020 Published: 22 July 2020

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Abstract

With the economic slowdown in developed countries and the rise of emerging economies, reverse innovation from developing countries has had a profound impact on the global changes of multinational companies. As a global innovation diffusion model, it plays a vital role in the late stage of company innovation catch-up. Reverse innovation is about to become an important means to international competition, so exploring how to effectively carry out and implement reverse innovation is of great guiding value to the management practice of multinational companies. First of all, this article reviews the relevant literature on reverse innovation and introduces the research status of this topic. Based on this, through a vertical case study of three representative companies in China's high-tech industry (Huawei, Galanz and Mindray), the article explores the innovation and development process of their products from three stages of imitation innovation, independent innovation and leading technology, and summarizes the three companies in reverse innovation success path. Finally, according to the successful experience of the case, the article puts forward suggestions to promote the development of high-tech enterprises from three aspects of expanding emerging markets, improving independent innovation ability and actively using policy resources, providing reference and inspiration for enterprises to improve innovation ability and accelerate internationalization process.

Published in	International Journal of Economics, Finance and Management Sciences (Volume 8, Issue 4)
DOI	10.11648/j.ijefm.20200804.12
Page(s)	138-145
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2020. Published by Science Publishing Group

Keywords

Emerging Markets, Latecomers, Reverse Innovation

References

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APA Style

Xiaomei Han, Shanshan Liu. (2020). Research on the Path of Reverse Innovation: A Case Study of High-tech Industry Latecomer Firms in China. International Journal of Economics, Finance and Management Sciences, 8(4), 138-145. https://doi.org/10.11648/j.ijefm.20200804.12

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ACS Style

Xiaomei Han; Shanshan Liu. Research on the Path of Reverse Innovation: A Case Study of High-tech Industry Latecomer Firms in China. Int. J. Econ. Finance Manag. Sci. 2020, 8(4), 138-145. doi: 10.11648/j.ijefm.20200804.12

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AMA Style

Xiaomei Han, Shanshan Liu. Research on the Path of Reverse Innovation: A Case Study of High-tech Industry Latecomer Firms in China. Int J Econ Finance Manag Sci. 2020;8(4):138-145. doi: 10.11648/j.ijefm.20200804.12

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@article{10.11648/j.ijefm.20200804.12,
  author = {Xiaomei Han and Shanshan Liu},
  title = {Research on the Path of Reverse Innovation: A Case Study of High-tech Industry Latecomer Firms in China},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {8},
  number = {4},
  pages = {138-145},
  doi = {10.11648/j.ijefm.20200804.12},
  url = {https://doi.org/10.11648/j.ijefm.20200804.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20200804.12},
  abstract = {With the economic slowdown in developed countries and the rise of emerging economies, reverse innovation from developing countries has had a profound impact on the global changes of multinational companies. As a global innovation diffusion model, it plays a vital role in the late stage of company innovation catch-up. Reverse innovation is about to become an important means to international competition, so exploring how to effectively carry out and implement reverse innovation is of great guiding value to the management practice of multinational companies. First of all, this article reviews the relevant literature on reverse innovation and introduces the research status of this topic. Based on this, through a vertical case study of three representative companies in China's high-tech industry (Huawei, Galanz and Mindray), the article explores the innovation and development process of their products from three stages of imitation innovation, independent innovation and leading technology, and summarizes the three companies in reverse innovation success path. Finally, according to the successful experience of the case, the article puts forward suggestions to promote the development of high-tech enterprises from three aspects of expanding emerging markets, improving independent innovation ability and actively using policy resources, providing reference and inspiration for enterprises to improve innovation ability and accelerate internationalization process.},
 year = {2020}
}

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TY  - JOUR
T1  - Research on the Path of Reverse Innovation: A Case Study of High-tech Industry Latecomer Firms in China
AU  - Xiaomei Han
AU  - Shanshan Liu
Y1  - 2020/07/22
PY  - 2020
N1  - https://doi.org/10.11648/j.ijefm.20200804.12
DO  - 10.11648/j.ijefm.20200804.12
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 138
EP  - 145
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20200804.12
AB  - With the economic slowdown in developed countries and the rise of emerging economies, reverse innovation from developing countries has had a profound impact on the global changes of multinational companies. As a global innovation diffusion model, it plays a vital role in the late stage of company innovation catch-up. Reverse innovation is about to become an important means to international competition, so exploring how to effectively carry out and implement reverse innovation is of great guiding value to the management practice of multinational companies. First of all, this article reviews the relevant literature on reverse innovation and introduces the research status of this topic. Based on this, through a vertical case study of three representative companies in China's high-tech industry (Huawei, Galanz and Mindray), the article explores the innovation and development process of their products from three stages of imitation innovation, independent innovation and leading technology, and summarizes the three companies in reverse innovation success path. Finally, according to the successful experience of the case, the article puts forward suggestions to promote the development of high-tech enterprises from three aspects of expanding emerging markets, improving independent innovation ability and actively using policy resources, providing reference and inspiration for enterprises to improve innovation ability and accelerate internationalization process.
VL  - 8
IS  - 4
ER  -

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Author Information

Xiaomei Han

School of Economics and Management, China University of Petroleum (East China), Qingdao, P. R. China
Shanshan Liu

School of Economics and Management, China University of Petroleum (East China), Qingdao, P. R. China

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Plain Text BibTeX RIS

APA Style

Xiaomei Han, Shanshan Liu. (2020). Research on the Path of Reverse Innovation: A Case Study of High-tech Industry Latecomer Firms in China. International Journal of Economics, Finance and Management Sciences, 8(4), 138-145. https://doi.org/10.11648/j.ijefm.20200804.12

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ACS Style

Xiaomei Han; Shanshan Liu. Research on the Path of Reverse Innovation: A Case Study of High-tech Industry Latecomer Firms in China. Int. J. Econ. Finance Manag. Sci. 2020, 8(4), 138-145. doi: 10.11648/j.ijefm.20200804.12

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AMA Style

Xiaomei Han, Shanshan Liu. Research on the Path of Reverse Innovation: A Case Study of High-tech Industry Latecomer Firms in China. Int J Econ Finance Manag Sci. 2020;8(4):138-145. doi: 10.11648/j.ijefm.20200804.12

Copy | Download

@article{10.11648/j.ijefm.20200804.12,
  author = {Xiaomei Han and Shanshan Liu},
  title = {Research on the Path of Reverse Innovation: A Case Study of High-tech Industry Latecomer Firms in China},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {8},
  number = {4},
  pages = {138-145},
  doi = {10.11648/j.ijefm.20200804.12},
  url = {https://doi.org/10.11648/j.ijefm.20200804.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20200804.12},
  abstract = {With the economic slowdown in developed countries and the rise of emerging economies, reverse innovation from developing countries has had a profound impact on the global changes of multinational companies. As a global innovation diffusion model, it plays a vital role in the late stage of company innovation catch-up. Reverse innovation is about to become an important means to international competition, so exploring how to effectively carry out and implement reverse innovation is of great guiding value to the management practice of multinational companies. First of all, this article reviews the relevant literature on reverse innovation and introduces the research status of this topic. Based on this, through a vertical case study of three representative companies in China's high-tech industry (Huawei, Galanz and Mindray), the article explores the innovation and development process of their products from three stages of imitation innovation, independent innovation and leading technology, and summarizes the three companies in reverse innovation success path. Finally, according to the successful experience of the case, the article puts forward suggestions to promote the development of high-tech enterprises from three aspects of expanding emerging markets, improving independent innovation ability and actively using policy resources, providing reference and inspiration for enterprises to improve innovation ability and accelerate internationalization process.},
 year = {2020}
}

Copy | Download

TY  - JOUR
T1  - Research on the Path of Reverse Innovation: A Case Study of High-tech Industry Latecomer Firms in China
AU  - Xiaomei Han
AU  - Shanshan Liu
Y1  - 2020/07/22
PY  - 2020
N1  - https://doi.org/10.11648/j.ijefm.20200804.12
DO  - 10.11648/j.ijefm.20200804.12
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 138
EP  - 145
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20200804.12
AB  - With the economic slowdown in developed countries and the rise of emerging economies, reverse innovation from developing countries has had a profound impact on the global changes of multinational companies. As a global innovation diffusion model, it plays a vital role in the late stage of company innovation catch-up. Reverse innovation is about to become an important means to international competition, so exploring how to effectively carry out and implement reverse innovation is of great guiding value to the management practice of multinational companies. First of all, this article reviews the relevant literature on reverse innovation and introduces the research status of this topic. Based on this, through a vertical case study of three representative companies in China's high-tech industry (Huawei, Galanz and Mindray), the article explores the innovation and development process of their products from three stages of imitation innovation, independent innovation and leading technology, and summarizes the three companies in reverse innovation success path. Finally, according to the successful experience of the case, the article puts forward suggestions to promote the development of high-tech enterprises from three aspects of expanding emerging markets, improving independent innovation ability and actively using policy resources, providing reference and inspiration for enterprises to improve innovation ability and accelerate internationalization process.
VL  - 8
IS  - 4
ER  -

Copy | Download