Linking institutional environment with technological change: The rise of China's flat panel display industry

doi:10.1016/j.techfore.2019.119852

CASISD OpenIR

	Linking institutional environment with technological change: The rise of China's flat panel display industry
	Yu, Jiang; Liu, Rui; Chen, Feng
发表期刊	TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
摘要	In view of the complex dynamic environment from technological change and uncertain government regulation, this study examines how business strategies improve technological capabilities under the dynamic interaction between technological change and institutional environment. Drawing on detailed evidence gathered from firsthand and second-hand data, we develop a framework and combine the framework with the rising process of China's flat panel display (FPD) industry to identify levels of technological capabilities in distinctive phases. The findings show that three phases of technological capability-building in China's FPD industry consist of basic operational and innovative capability-building, intermediate innovative capability-building, and advanced innovative capability-building. The findings also show that three levels of technological capability are determined by the distinctive portfolios of business strategies under the dynamic interaction of technology change and institutional environment. Specifically, we find that with the guidance of distinct intended strategies, firms adopt different actual strategies to enhance their technological capabilities. Firms employ strategies of the joint venture, and merger and acquisitions (M&As) to build basic operational and innovative capability under a mutually reinforcing local and central institutional environment, and industrial environment of technological substitution. Whereas strategies of the contractual arrangement and talent introduction result in building intermediate innovative capability, according to mutually offsetting local and central institutional environment, and industrial environment of technological upgrading. The strategies of the contractual arrangement and strategic alliance lead to building advanced innovative capability based on mutually reinforcing local and central institutional environment, and industrial environment of technological leapfrogging. Finally, the limitation of this study and the direction for further research are provided.
	2020
卷号	151
DOI	10.1016/j.techfore.2019.119852
语种	英语
引用统计
文献类型	期刊论文
条目标识符	http://ir.casisd.cn/handle/190111/9847
专题	中国科学院科技战略咨询研究院产业科技创新研究部
推荐引用方式 GB/T 7714	Yu, Jiang,Liu, Rui,Chen, Feng. Linking institutional environment with technological change: The rise of China's flat panel display industry[J]. TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE,2020,151.
APA	Yu, Jiang,Liu, Rui,&Chen, Feng.(2020).Linking institutional environment with technological change: The rise of China's flat panel display industry.TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE,151.
MLA	Yu, Jiang,et al."Linking institutional environment with technological change: The rise of China's flat panel display industry".TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE 151(2020).