Building Ladders out of Chains: China's Hybrid-led Technological Development in Disaggregated Value Chains

Douglas B. Fuller*

*Corresponding author for this work

Research output: Contribution to journalJournal articleResearchpeer-review

Abstract

In China, entrepreneurs hailing from ethnic Chinese transnational technology networks have linked up with global capital to create hybrid firms that combine relatively efficient foreign financing with a strategic commitment to intensive utilisation of domestic resources to create their core corporate competencies. This article refers to these firms as global hybrid firms and to development driven by these firms as hybrid-led development. Hybrids, given their generally small scale and scope, work best in sectors exhibiting disaggregated value chains, fast clockspeeds and high technology-intensity. Patent data demonstrates that hybrids outperform other firms generally and especially in sectors exhibiting these three characteristics.

Original languageEnglish
JournalJournal of Development Studies
Volume49
Issue number4
Pages (from-to)547-563
Number of pages17
ISSN0022-0388
DOIs
Publication statusPublished - 2013
Externally publishedYes

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