The “Value-competence” Dual Circle of Latecomers: A Processed Based View

Jing HE, Lei XIAO, Shiming LI


Nowadays, the level of latecomers’ technical competence still falls behind Compared with the western successful multinational enterprises. This study developed a kind of “value transfer” and “ability to fill a vacancy”, the two-cycle process model, based on the latecomer firms absorptive capacity of the process to bring new contributions. “Value-capacity” double loop structure can clearly show the absorption capacity of latecomer firms during the following two characteristics.


Value-competence; Latecomers; A processed based view

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