Contemporary Finance & Economics ›› 2025, Vol. 0 ›› Issue (1): 97-110.

• Business Administration • Previous Articles     Next Articles

How Can Local Private Enterprises Continue to Break Through? A Case Study of Kingdee

Li Min, Zhou Jie   

  1. Jiangxi University of Finance and Economics, Nanchang 330013, China
  • Received:2024-01-02 Revised:2024-04-20 Online:2025-01-15 Published:2025-02-12

Abstract: Local private enterprises are a key force supporting China’s significant historical achievements in the economy and society. Taking Kingdee as a case study, this paper conducts an analysis from the perspectives of dominant logic and complementary asset research. The findings show that, firstly, dominant logic is the strategic paradigm of the enterprise in stages, and it is manifested as the user value acquisition dominant logic, the ecological chain value creation dominant logic, and the ecological network value sharing dominant logic in its local market breakthrough stage, the high-end market breakthrough stage, and the international market breakthrough stage, respectively. Secondly, there is mutual influence between the dominant logic of enterprises and the complementary assets. The evolution of dominant logic is driven by the prism mechanism of complementary assets, and the dominant logic at different stages influences the enterprise’s phased complementary resource allocation strategy, prompting it to present the content configurations of linkage, transformation, and expansion in the three breakthrough stages. Thirdly, under the synergistic effect of dominant logic and complementary assets, enterprises can rely on the buffering and pipeline mechanism of complementary assets to dynamically develop their technological innovation and commercialization capabilities, thereby helping local private enterprises to continue to break through in the specific situations in China. Therefore, we should attach great importance to the adaptive adjustment and functional utilization of complementary asset content, and vigorously promote the transformation towards ecological organizations, so as to achieve prosperous development in the ecosystem.

Key words: local private enterprises, dominant logic, complementary assets

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