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Building Ladders out of Chains: China's Hybrid-led Technological Development in Disaggregated Value Chains

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  • Douglas B. Fuller

Abstract

In China, entrepreneurs hailing from ethnic Chinese transnational technology networks have linked up with global capital to create hybrid firms that combine relatively efficient foreign financing with a strategic commitment to intensive utilisation of domestic resources to create their core corporate competencies. This article refers to these firms as global hybrid firms and to development driven by these firms as hybrid-led development. Hybrids, given their generally small scale and scope, work best in sectors exhibiting disaggregated value chains, fast clockspeeds and high technology-intensity. Patent data demonstrates that hybrids outperform other firms generally and especially in sectors exhibiting these three characteristics.

Suggested Citation

  • Douglas B. Fuller, 2013. "Building Ladders out of Chains: China's Hybrid-led Technological Development in Disaggregated Value Chains," Journal of Development Studies, Taylor & Francis Journals, vol. 49(4), pages 547-563, April.
    • Handle: RePEc:taf:jdevst:v:49:y:2013:i:4:p:547-563
    DOI: 10.1080/00220388.2012.733370
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    References listed on IDEAS

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    1. Barry Naughton, 2007. "The Chinese Economy: Transitions and Growth," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262640643, April.
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    3. Anne O. Krueger, 1974. "Foreign Trade Regimes and Economic Development: Turkey," NBER Books, National Bureau of Economic Research, Inc, number krue74-1.
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    Cited by:

    1. Klingler-Vidra, Robyn & Wade, Robert, 2020. "Science and technology policies and the middle-income trap: lessons from Vietnam," LSE Research Online Documents on Economics 100712, London School of Economics and Political Science, LSE Library.

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