Time：May 8th (Thursday) 10am -12noon

Location: Classroom 512, National School of Development, Peking U.

Speaker: Lv Xiaohui, Assistant Professor, NSD

 

 

Abstract：

What mechanisms drive upgrading among firms in emerging economies? Drawing on the strategy literature on complementary assets and the institutional theory, this study examines how accumulated marketing experience—a form of general complementary assets—shapes firms’ upgrading strategy and outcome. We argue that complementary assets enable upgrading through both a direct effect and by indirectly enhancing the effect of technological capabilities. We further argue that the relation between complementary assets and upgrading varies across (1) different types of firms (state vs. non-state) and (2) different stages of institutional development. Specifically, the enabling effect of complementary assets is greater for non-state firms than for state owned firms. It is also greater as institutions become better developed. Empirical analyses of firms in China’s Zhongguancun Science Park in the period of 1995 to 2003 provide support to our hypotheses.

 

 

 

Xiaohui Lv (Ph.D., Wharton School) is an Assistant Professor of Strategic Management at National School of Development, Peking University, China. Her publications appear in Strategic Management Journal and Management and Organization Review. An expert on corporate governance and strategic management in the emerging economies, she was previously on the management faculty at The National University of Singapore.