Keywords: innovation capability, R&, D location, research and development, technology strategy, information technology, communications, ICT firms, biotech firms, domestic companies, government, high-tech parks, Beijing, Shanghai, Shenzhen, China, home market demand, biotechnology, technology catching-up
Technology strategies of innovative Chinese domestic companies
We conclude three main findings on technology strategies of innovative Chinese domestic companies. First, both internal and external factors have affected their decision of focusing on internal development to build up their innovation capability. The internal factors include resource limitation and belief in self-developed technologies for industrial leadership. The external factors refer to unavailability or high-cost of technology transfer at the international market. Second, the R&D locations of innovative domestic companies have been strategically concentrated in the triangle of Beijing-Shanghai-Shenzhen. Third, innovative domestic companies have transformed their better understanding of home market demand into pressure and motivation for innovation.