Disruptive Innovation and Industry Growth in Developing Countries:China Automobile Industry and India Pharm aceutical Industry

摘要

Industry growth strategy for developing countries has been a major issue in industrial economics and strategic management.In an attempt to address this question,we first introduce Disruptive Innovation theory which underlies the study.On this theoretical base,we study two cases:the China automobile industry and India pharmaceutical industry.A further analysis of these two cases in the perspective of disruption theory is provided.It is concluded that developing countries should first establish their leading positions in low-end market instead of competing in the mainstream and upscale markets;and the industry patience should be built.