中文摘要：

在全球经济一体化的时代背景下,人才、资本、信息、技术在全球范围内的流动速度进一步加快,这不但为本土后发企业带来了众多的前沿技术和管理经验,也为其捕捉市场机会、实现后发赶超创造了良好的条件。本文以破坏性创新理论为基础,对后发企业开展破坏性创新的时机选择问题进行了探讨研究,研究发现,市场需求成长率、需求偏好动态性、市场分层清晰度、技术迭代速率、技术创新空间、技术获取难度、产业发展前景、产业垂直分工体系、产业内部知识流动、税收优惠力度、人才储备制度、政府服务体系、融资体系建设等时机因素在后发企业开展破坏性创新的过程中发挥了重要的作用。

英文摘要：

Under the background of the globalization of the world economy, the flow rate of human resources, capital, information, technology is becoming faster and faster in the global scope. It has brought a large number of frontier technology and management experience, also created a good condition for the latecomer firms to capture market opportunities and pursue leading firms. This paper studies the timing choice of disruptive innovation for the latecomer firms, the study found that, dynamic market demand growth rate, consumption preference, market stratification clarity, technical iteration rate, technology innovation space, the difficulty of technology acquisition, industry outlook, industry vertical division, the internal knowledge flow, tax incentives, talent reserves, government services and financing system, a total of 13 factors play an important role in the process of disruptive innovation.