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Cutting-edge Chinese Companies: Technology and Innovation and its Magic Power

In: Competitiveness of Chinese Firms

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  • Richard Li-Hua

    (SIAS International University)

Abstract

In terms of understanding the competitiveness of Chinese firms, I am trying, in this book, to lead the reader towards an understanding of the “competitiveness” that underpins the core competency of Chinese firms. To further elaborate the strategic framework of three sophistications that contribute to the benchmarking of the competitiveness of Chinese firms proposed in Chapter 2, I would like to highlight the the three important elements of strategic management: (1) leader-ship; (2) the external environment; and (3) the internal environment. To address the first sophistication with which firms can compete, I discussed the leadership, vision, strategy, and deliverable objectives, and so on, in Chapters 1–3. As far as the second sophistication is concerned, I discussed the external environment in which firms can compete, and the internal analyses that firms can sustain in Chapters 4–6. In this chapter, I will further elaborate the significance of leadership, vision, and strategy, and the magic power of technology and innovation strategy through cases studies of the cutting-edge Chinese companies Geely, Haier, Huawei, TCL, and Lenovo.

Suggested Citation

  • Richard Li-Hua, 2014. "Cutting-edge Chinese Companies: Technology and Innovation and its Magic Power," Palgrave Macmillan Books, in: Competitiveness of Chinese Firms, chapter 7, pages 126-144, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-30930-3_7
    DOI: 10.1057/9781137309303_7
    as

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