Catch up of complex products and systems: lessons from China’s high-speed rail sectoral system

Exploring the capital goods economy: complex product systems in the UK

Liang Mei and Nana Zhang

Industrial and Corporate Change, 2021, vol. 30, issue 4, 1108-1130

Abstract: The article uses a longitudinal case study of China’s high-speed rail from the sectoral system perspective to show how a latecomer achieves catch up in the context of complex products and systems (CoPS). Results indicate the coevolution among high-speed train CoPS, the complementary assets, and government engagement are important to the sectoral system’s catch up. To achieve catch up, a latecomer can choose a strategy in which the complementary assets take precedence over the CoPS, and the coordination of the two systems is maintained with government engagement. In addition, two elements involving the sectoral system’s knowledge base and government engagement play fundamental roles enabling the evolution of the competences of the CoPS and the leverage of complementary assets for catch up. The article contributes to the literature on catch up in the CoPS context using a sectoral system framework.

Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://hdl.handle.net/10.1093/icc/dtab004 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:indcch:v:30:y:2021:i:4:p:1108-1130.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Industrial and Corporate Change is currently edited by Josef Chytry

More articles in Industrial and Corporate Change from Oxford University Press and the Associazione ICC Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().