The independent innovation process and mechanism of technology-based start-ups (TBS) were explored against the background of discontinuous technology change (DTC). The growth paths of Luming Corporation were discussed by case study. It is found that original technology innovation is not enough to support the sustaining high-efficiency growth. Industry integration such as vertical integration through joint venture and direct investment or horizontal integration through technology acquisition and imitation innovation are effective ways to achieve high performance growth for TBS.
王海龙, 武春友. 基于产业集成的科技创业企业成长路径——以路明科技集团为例[J]. J4, 2007, 4(5): 668-.
WANG Hai-Long, WU Chun-You. Case Study of Luming Corporation's Growth Paths: Development of Technology-Based Start-ups by Industry Integration. J4, 2007, 4(5): 668-.