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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Article
Author(s)
Guangyan Liu, Yingli Chen
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DOI:10.17265/2328-7144/2016.06.003
Affiliation(s)
Guangyan Liu, Ph.D., researcher, Solvay Brussels School of Economics and Management (SBS-EM), the International Centre for Innovation, Technology and Education Studies (iCite), Université Libre de Bruxelles, Brussels, Belgium.
Yingli Chen, Ph.D., researcher, Solvay Brussels School of Economics and Management (SBS-EM), Centre Emile Bernheim (CEB), Université Libre de Bruxelles, Brussels, Belgium.
ABSTRACT
Chinese hi-tech multinationals strengthen their technological competitiveness in their internationalization process. Their strategic emphasis on cooperation with academic institutes to develop professional knowledge is an important yet underexplored issue in the extant literature. Based on the comparison between a pair of hi-tech companies—HUAWEI from China and CISCO from the US, this study analyzes the process of technological evolution of the former during 1998-2014, which has already become one of strategic solutions for Chinese multinationals (CMNE) to catch up with traditional counterparts in technological field. This study contributes to the present theory of CMNE by disclosing the Firm-University Cooperation (FUC) strategy, as well as its significance and implications for later-comer’s catch-up trajectory in international business.
KEYWORDS
multinationals, catch-up strategy, Firm-University Cooperation
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