Establishing the Enterprises’ Innovation Ecosystem Based on Dynamics Core Competence—The Case of China’s High-Speed Railway

The model of building core competence was proposed on the basis of establishment of innovation ecosystem. To exhibit the effectiveness of this model, the developing experience of China’s high-speed railway industry was taken as an example. Based on an exploratory case study on the innovation ecosystem of China’s high-speed railway industry, we identified three ecosystem stages, namely, the technology accumulation period, technology introduction period and independent innovation period. Through the three stages, China managed to achieve technology innovation and develop core technologies in this industry by firstly building an innovation ecosystem of the core competence of innovation stakeholders. In addition, theoretical and managerial implications were provided for building and managing innovation ecosystems in developing countries，dedicating a strong policy implication and guidance for developing countries to catch up and make independent innovations by following China’s path.