Decoding the Rise of Made-In-China

Why the Contnuity of Catch-up Ladder Ultmately Maters

Bin Guo Zhejiang University, China

Key Features

• his book provides a novel theoretcal ramework or e plaining the real source o compettve advantage o Chinese manu acturing

• ich and interestng details in the book made it more a ractve to both academic pro essionals, managers and general readers

Descripton

This book provides a novel theoretcal framework to explain the real source of compettve advantage of Chinese manufacturing. ore importantl , such a ramework can be generali ed to anal e the potental o catch up or large emerging economies in the globali aton era. he book also provides insights or polic makers to rethink their design o policies.

he rise o ade in China products has been widel a ributed to low labour cost advantage and imitaton advantage. However, as these two advantages are nearl innate to all late developing countries, the cannot be regarded as the ke actors that drive the rapid growth o China s manu acturing industr , or China s econom , over the past ew decades. n this book, the author proposed a theor the catch up ladders theor , to e plain the rise o China s manu acturing industr . he manu acturing advancement o an countr is in essence a process o catching up in both market and technolog , during which enterprises will orm a ladder like holistc structure due to their di erences in capabilites, technolog and market positoning. n light o this, the contnuit o the catch up ladder will greatl determine the catch up e cienc o an industr and even a countr at large. Such a perspectve is more applicable to large emerging economies, especiall those with over one hundred million populaton and thus huge potental domestc market demand.

Author

Bin Guo is a Pro essor o nnovaton anagement Strateg at the School o anagement, he iang Universit . He is also the head o the epartment o nnovaton, Entrepreneurship and Strateg . He received his Ph in anagement rom he iang Universit ( 998), China.

February 2023

Imprint: World Scientfc Publishing Compan

Extent: 260pp

Type: onograph

Series: Series on nnovaton and peratons anagement or Chinese Enterprises Volume 8

Main Subject: Asian Studies

Sub-Subjects: China Studies sian usiness anagement sian Politcs Societ General usiness nd anagement nnovaton echnolog Knowledge n ormaton anagement peratons anagement peratons esearch Suppl Chain anagement Asian Economies

Keywords: ade n China Compettve dvantage Catch Up Ladder Contnuit

Readership: or students, researchers and pro essionals who are interested to understand the real sources o compettve advantage o Chinese manu acturing and the Chinese econom

• Miracle of China’s Economic Growth: The Birth of a Growth Miracle

The Rise of China’s Manufacturing Industry: A Historical Perspectve

How to Interpret the Source of Advantages of Made in China?

Catching-up Ladder: A Brand New Way of Interpretaton

Understanding the Nature of Catching-up

The Home Market Has Always Been Important

A Unique Market

“Cold Start” in Early Catching-up

Are Chinese Enterprises Facing Globalizaton or Localizaton?

• The Market Ladder:

A Market Ladder with Diversity

An “Easy Mode” of Catching-up

How was the Market Ladder Formed?

The Dynamics of the Market Ladder

Contnuity: the key to the Catch-up Ladder

Underlying Competence for Competng in the Chinese Market

• The Technology Ladder:

Why does the Technology Ladder Mater?

How is the Contnuous Technology Ladder Formed? Contnuity, Contnuity, Contnuity!

Another “Invisible” Technology Ladder

An Indispensable Instrument in Global Industry Gaming

• Decompositon and Recombinaton in Technological

Catch-up:

The Cold Start Paradox in Technological Catching Up Learning in Technological Catch-up: Decompositon and Recombinaton

Strengthen Decompositon and Recombinaton

Capabilites via Purposive Business Strategies

The Role of Universites and Academic Insttutons in Decomposing Technology

Innovaton Generated from Imitaton

Never Underestmate the Signifcance of Manufacturing Ability in the Transformaton from Imitaton to Innovaton

Never Ignore the Value of Invisible Innovaton

Seize the Time Window of Catching Up

• Competng in a Good-enough Market:

A Good enough Market is Becoming More Important Than Ever Before

Two Types of Good-enough Markets

How to Survive in a Good-enough Market

The Blank-flling Market Positoning Strategy

An Ultmate Balance between Low Cost and Reasonable Quality

Give Full Play to the Market Ladder: Encircling the Cites from the Rural Areas

Product Development Strategy in Good-enough Market

A Good enough Market is Diferent from the Botom of a Pyramid Market

The Shanzhai Phenomenon: Symbiosis of Positve and Negatve Factors

Dynamic Shif in a Good-enough Market

• China’s Advantages in the Fields of Complex Product System:

What is a “Complex Product System”?

Technology Decompositon Under Complex Product System

Technology Recombinaton under Complex Product System

Resortng to External Competence to Accelerate Decompositon and Recombinaton

China’s Catching-Up Experience in the Field of Complex Product Systems

• The Rise of Internet Companies in China:

What is Behind the Rise of Chinese Internet Companies?

Advantages of Network Efect Brought by Market Size

The Shif of Market Ladder and the Release of Opportunity

Country-specifc Cost Advantage of Internet Business

“Waterloo” of Western Internet Companies in the Chinese Market

The Rise of Industrial Internet

• Multnatonal Corporatons: From “Teacher” to “Peer”: Challenge Launched by “Students” to “Teachers”

Glocalizaton of Multnatonal Corporatons: Experience from Philips

What is Behind the Chinese Market Strategy

Challenges that Must Be Faced

• Rules of Survival in the Chinese Market: Capturing the Unmet Market Needs

Building Strength on Low-Cost Manufacturing Capabilites

Integratng Localized Innovatons

Seeking a Delicate Balance Between Low Cost and Reasonable Quality

Harnessing the Power of Business Model Innovaton

Maintaining Fast Market Response

Exploring Game-Changing Business Opportunites

Leveraging Glocalizaton Advantages

Never Stop Running

• The Future of Made in China:

History is a Pathway to The Future

Awakening of Individualism Amid Consumpton Upgrade

The Ongoing “Downward Market Penetraton”

Can the Labor Cost Advantage Sustain?

The Development of Technological Dominance

Back to the Ivory Tower

The Great Age of Discovery of China

More Inclusive Integraton into Globalizaton Symbol of the True Rise of Made-in-China