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Implication from Technology Innovation, Growth Strategy and Industrial Policy of Chinese Automobile Industry

중국 자동차 산업의 기술혁신, 성장전략 및 산업정책의 시사점

  • 백서인 (카이스트 기술경영대학원) ;
  • 이성민 (카이스트 기술경영대학원) ;
  • 장현준 (카이스트 기술경영대학원)
  • Received : 2016.03.15
  • Accepted : 2016.06.13
  • Published : 2016.06.30

Abstract

Since 2009, China has become biggest automobile supplier and consumer all over the world. Chinese government and automobile firms have been executed strategic and aggressive industry policy and business strategy for nurturing automobile industry as a core manufacturing industry. However, can we assure that all of these policy and strategy have positive effect on Chinese automobile industry? For fulfilling this gab, our research examined the government policy and firm's strategy in different development stage of Chinese automobile industry. According to research result, at initial stage(1983-1996), Chinese automobile industry has grown by technological learning and reverse engineering from Soviet Union, Japan and Germany. In rapid growing stage(1996-2009), Chinese automobile firms have succeed to develop and produce own brand product with 100% own technology. And this kind of quantum jump in technology development was conducted by joint venture policy and M&A strategy. However, at the fourth stage(2010-), Chinese government and firms have over invested and focused on Electric Vehicle manufacturing without developing core technology or SW. Overall, the old-fashioned policy and strategy module in manufacturing industry of China could have negative effect on its industry development.

Keywords

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