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Corporate Growth Path Based on Dual Coupling of Technological Innovation and Business Model Innovation: analysis of Huawei's Thirty-year Experience |
Yu Dengke,Yan Hongling |
(School of Management, Nanchang University, Nanchang 330031, China) |
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Abstract Taking Huawei as a case, the paper analyzed its development experience for 30 years to explore its knowledge-driven technological innovation model and character-led business model innovation model, and tried to summarize the two elements into a coupling framework, which can be used to explain the corporate growth path. The results show that the development history of Huawei can be divided into three periods, i.e. pioneering period, local development period and international distribution period, and in these periods Huawei's technological innovation and business model innovation models driven by knowledge and character can also be summarized into three different clusters. The innovative growth of Huawei is depended on the coupling and cooperative innovation mechanism. The sustainable competitive advantage of Huawei is supported by two different paths: first, knowledge-driven technological innovation enhances the core competence, and;second, character-led business model innovation increases the differentiation competitive advantage.
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Received: 13 March 2019
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