Business Model Innovation in China's Semiconductor Industry:A Pathway to Technological Breakthrough
作者机构：School of ManagementZhejiang UniversityHangzhou 310058China
出 版 物：《Frontiers of Business Research in China》 (中国高等学校学术文摘·工商管理研究（英文版）)
年 卷 期：2023年第17卷第4期
页 面：467-497页
学科分类：02[经济学] 0202[经济学-应用经济学] 1202[管理学-工商管理]
基 金：the general project"The Sixth Generation of Technology Innovation Paradigm Research Based on Value Network"of the National Natural Science Foundation of China(No.72172140) the key project"Theory,Methods,and Applications of Big Data-Driven Innovation in Enterprise-User Interaction in the Internet Environment"of the National Natural Science Foundation of China(No.71832013).
主 题：business model innovation semiconductor industry latecomer disadvantage secondary innovation innovation consortium
摘 要：In the face of intense global competition,the Chinese semiconductor industry grapples with unprecedented challenges.Addressing theissueeof“bottleneck technologyhas become a paramount concern among experts from various domains in China.However,the trajectory of the global semiconductor sector is inexorably linked to the innovation of its business models and adherence to the tenets of technological evolution.It can be posited that,without business model innovation,Moore s Law would cease to exist.In the semiconductor arena,where the first-mover advantage wields immense influence,exclusive focus on“technological breakthroughsfroma technical standpoint would invariably constrict itself within existing technological paradigms,leaving it susceptible to external control.This paper undertakes an in-depth examination of pivotal case studies,particularly that of TSMC and Samsung,two enterprises which transcended1their latecomer status and shattered the“glass ceilingby embracing“business model innovations.Through a comprehensive analysis,it introduces and delineates two distinctive avenues of business model innovation:paper“reconstruction of the division of labor systemaand“mismatched demand.Subsequently,tthe researchini vestigates two more cases,SiEn Integrated Circuits Co.,Ltd.and Changguangg Group,exploring specific business modelinnovation paths,“innovation consortiumand“differentiated demand,pertinentto latecomer semiconductor companies operating in China.Drawing from these insightsand considering thecurrent international competitive landscape and the ramifications of the COVID-19 pandemic,this paper culminates in the synthesis of eight breakthrough trajectories for latecomer semiconductor firms.These pathways are examined through the lenses of technology paradigms(traditional and emerging),market contextss(globalized and deglobalized),and various types of business model innovation(original and secondary).Furthermore,this research offersa comprehensive analysis and discussion concerning the resources,capabilities,andstrategies,with the ultimate objective of shedding light on the potential“breakthroughavenuefor China s semiconductor industry.
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