The Construction of the Catch-up and Innovation Chain for Latecomer Enterprises in the Semiconductor Industry:Taking Samsung of the Republic of Korea and ASML of the Netherlands as Examples
Although the research on the role of development system,demand,and technological opportunities of latecomers in the semiconductor industry in catching up with initial innovation has received widespread attention,few studies intensively show how to build an innovation chain for successfully catching up and sustaining development in the process of opportunity realization.This paper takes the cases of Samsung of the Republic of Korea and Asml of the Netherlands to study the realization of opportunities and innovation chain construction in the semiconductor industry.The research results show as follows:(1)There are two types of innovation chains of internal complementary and external focused in semiconductor industry development of the system,demand,and technology to catch up with the opportunity process.(2)The internal complementary innovation chain takes the local superposition process of institutions and demand opportunities as the main thread,achieving a parallel arrangement of elements such as talent return,product innovation,and inward open R&D,while the external focused innovation chain is rooted in the systematic aggregation process of institutions,needs,and technological opportunities,achieving a selective arrangement of elements such as talent diversion,technological innovation,and outward oriented open research and development;(3)Overlapping local opportunities by transforming internal innovation can improve the innovation chain structure,system opportunity aggregation promotes the evolution of innovation chain structure through technological reduction,parallel and selective resource allocation jointly promote the transition of resources to value.
semiconductor industryopportunity realizationinnovation chainresource orchestrationpattern of catching up and surpassing
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