Study On Governance Model Of Latecomer Firm's Technology Chain

Along with the economic development, academia has gradually started to pay attention to enhance technical capacity issues in latecomer firms. Technology is an important force to promote economic development, in order to full play the promotion, it is inevitable to enhance the overall technical ability, which is to construct a complete technology chain, and the governance of technology chain is the key to construct the technology chain.To us, we should learn from other developed firms and construct our technology chain, only this can we realize the dream of relieving and catching up with the developed countries. Most of researches are to study the problem of the enhancement of the technology capability of latecomer firms, but there were few studies on the governance of the process. So, here we combine the automobile industry of China with other developed countries to do the research in technology chain governance of latecomer firms.This paper focused on such aspects:the governance model of technology chain; the strategy choice in the cooperation with other firms; the mechanism of the governance of technology chain.Firstly, according to the reality governance of technology chain of latecomer firms, we proposed three kinds of governance for different phases. The first phase is the introduction of technology, in this phase the key is to break the barrier that the developed countries break the technology chain and industry chain in our country, we can adopt the market governance to coordinate latecomer firms'technology chain and industry chain. The governance model in the second phase is internal governance and relational governance, by these two models latecomer firms can build their own technology chain. In the third phase, latecomer firms can take the new market governance model to acquire the technology standards. Then we concluded four governance mechanisms between latecomer firms:build trust; technology intercalation; optimize the structure; balance each other.So, The conclusion is:latecomer firms have to choose the right governance model to govern the technology chain, and finally catch up with other developed countries.