How do Latecomer Firms Capture Value From Disruptive Technologies? A Secondary Business-Model Innovation Perspective

Xiaobo Wu, Rufei Ma, Yongjiang Shi · 2010 · IEEE Transactions on Engineering Management

Summary. Latecomer firms in emerging economies successfully adopt disruptive technologies from advanced countries through secondary business-model innovation. They create cheaper, simpler products suited to local customers' needs and budgets, leveraging partnerships and local knowledge to build unique value networks. This approach lets them compete against multinational incumbents by targeting mass markets and nonconsumers previously underserved.

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Wu, X., Ma, R., & Shi, Y.. (2010). How do Latecomer Firms Capture Value From Disruptive Technologies? A Secondary Business-Model Innovation Perspective. IEEE Transactions on Engineering Management. https://doi.org/10.1109/tem.2009.2033045

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  title   = {How do Latecomer Firms Capture Value From Disruptive Technologies? A Secondary Business-Model Innovation Perspective},
  author  = {Xiaobo Wu and Rufei Ma and Yongjiang Shi},
  journal = {IEEE Transactions on Engineering Management},
  year    = {2010},
  doi     = {10.1109/tem.2009.2033045},
  url     = {https://doi.org/10.1109/tem.2009.2033045}
}

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Details

DOI: 10.1109/tem.2009.2033045
Countries: China, United Kingdom
Regions: Asia, Europe
Categories: innovation-theory, regional-innovation-systems, general-innovation
Added: 2026-04-28