Research on Strategic Leading Mechanism of Latecomer Firms The purpose of this paper is to analyze how the strategy of latecomer firms leads innovation and promotes the accumulation and improvement of capability in its development with an analytical framework of xe2x80x9cstrategyinnovation paradigmcapabilityxe2x80x9d and tries to sum up the internal evolution logic of strategy. Based on this, it makes a longitudinal case study of Haier Group from 1984 to 2018. Through the research, it constructs the L.S.I.C model, which reveals the key role of the strategy in the innovation and capability in the catchup process of latecomer firms: strategy leads innovation. Innovation is the basis of forming capability. Different innovation paradigm forms different enterprise capability. At the same time, the mechanism of strategic leading innovation is supported by leadership mechanism, learning mechanism and coordination mechanism. The contributions of this paper are as follows: it enriches the theoretical basis of strategic evolution, makes a pioneering analysis of the relationship between strategy, innovation and capability, and probes into the national technology policy.

How Does SEW Drive Innovation in an Internet Family Firm Innovation is an important endogenous power to ensure the survival and development of enterprises, especially for the family firms in the internet industry. As an important link of organizational governance, innovation decisionmaking is of great significance. This paper discusses the heterogeneous influence of SEW (social emotional wealth) on internet family firms innovation. In previous studies on the concept of SEW and innovation, the empirical results were often divergent, because the heterogeneity of SEW intention was ignored. According to the classification of SEW, the paper studied the impact of SEW on internet family firm innovation from the perspective of extended SEW and constrained SEW. This thesis more truly reflects the subjective influence of SEW on the innovation decisionmaking of internet family firms.