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Catch-Up of Chinese Pharmaceutical Firms Facing Technological Complexity

Author

Listed:
  • Hao Hu

    (State Key Laboratory of Quality Research in Chinese Medicine, Institute of Chinese Medical Sciences, University of Macau, Macao)

  • Liming Zhang

    (Business School, Sichuan University, Chengdu, China)

Abstract

Technological complexity is an inevitable challenge for latecomer firms aiming to upgrade themselves. Applying a perspective of firms within sectoral system of innovation, this paper studies the catch-up efforts of the leading Chinese pharmaceutical firms in the past few decades. The findings show that technological complexity tends to lengthen catch-up process, raise capability requirement, require more networking, and demand complicated institution design, which asks for a more evolutionary catch-up strategy with self-investment into system capability and network competence. The findings of this article provide references for catch-up efforts in other industries of technological complexity.

Suggested Citation

  • Hao Hu & Liming Zhang, 2015. "Catch-Up of Chinese Pharmaceutical Firms Facing Technological Complexity," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 12(04), pages 1-19.
    • Handle: RePEc:wsi:ijitmx:v:12:y:2015:i:04:n:s0219877015500170
    DOI: 10.1142/S0219877015500170
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    Cited by:

    1. Jingxian Gan & Yong Qi & Chen Tian, 2019. "The Construction and Evolution of Technological Innovation Ecosystem of Chinese Firms: A Case Study of LCD Technology of CEC Panda," Sustainability, MDPI, vol. 11(22), pages 1-30, November.
    2. Pradeep Kanta Ray & Sangeeta Ray & Vikas Kumar, 2017. "Internationalization of latecomer firms from emerging economies—The role of resultant and autonomous learning," Asia Pacific Journal of Management, Springer, vol. 34(4), pages 851-873, December.
    3. Sebastiano Cattaruzzo & Giancarlo Corò & Roshan Borsato, 2024. "Technological complexity and international reach in SMEs: an empirical investigation in an industrial region," Working Papers 2024: 16, Department of Economics, University of Venice "Ca' Foscari".
    4. Majidpour, Mehdi & Saber, Ali & Elahi, Shaban & Shayan, Ali & Sahebkar Khorasani, Seyed Mohammad, 2021. "Technological catch-up in the biopharmaceutical sector: Evidence from Iran," Technology in Society, Elsevier, vol. 67(C).

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