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INDUSTRIAL INNOVATION (2) answer(s).
 
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ID:   177624


Employee Ownership and Industrial Innovation: Huawei in the U.S.-China Technology Rivalry / Feng, Kaidong ; Li, Yin   Journal Article
Kaidong Feng, Yin Li Journal Article
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Summary/Abstract Huawei Technologies, the Chinese telecommunication technology giant that was put into the U.S. government's Entity List from May 2019, has become a contested issue in the emerging U.S.-China technology rivalry. In particular, the U.S. government and Western academics have viewed Huawei's unique employee ownership as an opaque structure subject to the influence of the Chinese state. In this article, we draw on a variety of data sources, including historical archives, interviews with corporate executives, and official government data, to provide a full account of Huawei's employee ownership, including its history, structure, and function. We examine popular misconceptions of Huawei's innovative capabilities and corporate structure, showing that these arguments have generally lacked awareness of the innovation process and corporate governance in the historical context of China's reform. Based on a theory of innovative enterprise, we provide an explanation on how employee ownership has helped Huawei to incentivize a massive engineering workforce and build an innovative organization to succeed in the competitive high-tech industries.
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2
ID:   183636


Transforming China's Industrial Innovation in the New Era / Feng, Kaidong ; Lazonick, William ; Li, Yin   Journal Article
Feng, Kaidong Journal Article
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Summary/Abstract In a volatile geopolitical environment and evolving national policy, the Chinese system of industrial innovation is going through a period of profound change. The success of Chinese industrial corporations in responding to these changes through investment in innovation will have far-reaching implications for the future of China and the world. Based on studies of five industries, including telecom-equipment, semiconductors, biopharmaceuticals, high-speed railways, and low-speed electric vehicles, the papers in this special section explore the landscape of Chinese industrial innovation in terms of the sources, directions, and models of innovation. We then consider the policy implications for transforming China's industrial innovation in this new era, with a view toward achieving "common prosperity."
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