International Journal of Frontiers in Sociology, 2021, 3(20); doi: 10.25236/IJFS.2021.032018.
Lixia Zhou, Linglin Zhang
Shanghai University, Shanghai, China
This case study of Zhejiang Geely Holding Group Co., Ltd ( (hereinafter referred to as Geely)), China's first automotive multinational enterprise, analyzes how a latecomer in an emerging country, in a disadvantaged position, continuously seeks to surpass itself despite its own lack of innate resources and technological conditions, uses cross-border M&A as a lever to leapfrog its capabilities, dynamically integrates and utilizes internal and external resources , which has evolved from a locally based enterprise to a global enterprise and successfully caught up with the industry leaders in some fields, using internal and external resources to cross the technological innovation gap and promote strategic transformation.
Latecomers, Cross-border M&A, Dynamic Capabilities, Technological Innovation
Lixia Zhou, Linglin Zhang. Geely, a Latecomer Catching Up with Cross-Border M&A Features. International Journal of Frontiers in Sociology (2021), Vol. 3, Issue 20: 103-108. https://doi.org/10.25236/IJFS.2021.032018.
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