Electronic Components Business Growth Model And Endogenous Growth Factors

Electronic components and parts industry is one of the most important branches of the electronic information industry, and also is the basic supporting industry of the electronic information industry, whose technological level and production capacity will affect the development of the electronic information industry directly. In recent years, the number of Chinese electronic components and parts enterprises is in a speedy development, but most of them are in a smaller scale and lack of international competitiveness. To understand the growth characteristics of Chinese electronic components and parts enterprises will help us to promote the development of the electronic components and parts industry as well as the development of the electronic information industry. In this paper, through the analysis and comparison of the growth performance of Chinese electronic components and parts enterprises, we will sum up the main pattern of growth of electronic components and parts enterprises and the endogenous growth factors affecting the growing of these enterprises, analyzing the key endogenous factors in different growth paths.In this paper, we make use of several research methods such as the literature reviewed, conclusion and deduction, and analysis of the case study. Through the analyzing and classifying the historical materials and future development of China top 100 enterprises in electronic components and dozens of electronic parts enterprises, we summarize three main growing patterns for Chinese electronic components and parts enterprises, which are the pattern of technological innovation, the pattern of professional manufacturing and the pattern of external expansion. We also establish the growth model of electronic components and parts enterprises and describe the growing path from three dimensions: the technical characteristics (the degree of innovation), the producing characteristics (the degree of specialization), as well as investing characteristics (the degree of diversification). Because of the different characteristics in technology and market, the endogenous growing factors under different growing pattern are quite different. Based on the growing stage mode established for electronic components and parts enterprises, we attribute the endogenous growing factors to four kinds: technology and human resources, ability of innovation, ability of organizing and managing, marketing and ability for sales. Through analyzing the difference of characteristics in technology and market enterprises in different growing patterns, we theoretically deduct the effect of various endogenous growing factors on different kinds of electronic enterprises, and also analyze the effect in processing case study with the research of two specific electronic components and parts enterprises.In this paper, we believe that enterprises must realize the difference of endogenous growing factors under different growing paths in order to effectively make use of resources to the development of the most important endogenous factors. Meanwhile, during the growing process, enterprises should constantly develop and renovate existed endogenous factors so as to adapt to the changes of business characteristic in different growing stage.