Catching‐up and post catching‐up strategies of latecomer firms: Evidence from samsung semiconductor

Abstract

Summary This study analyzes the difference between the post catching‐up innovation of latecomer countries versus the catching‐up of latecomer countries and the innovation by advanced countries through the adaptation of post catching‐up innovation. To review the overall technology‐innovation strategy of leading companies in latecomer countries during their catching‐up and post catching‐up periods, the case of the semiconductor business of Samsung Electronics Co. (SEC) is analyzed. In the last section of this study, the policy implications of the case of Samsung Semiconductor are presented for latecomer countries.