PhiChem: An Entrepreneurship Case Study of a Hidden Champion in China
Global Innovation and Leadership
IEEE Engineering Management Review
The case study of Shanghai PhiChem examines a returnee entrepreneur from the United States to China who started a high-technology chemical material firm. It shows how the entrepreneur started the business with limited resources but later successfully grew the business to an initial public offering. Its success factors and innovative strategies have been identified and analyzed in detail. Specifically, Shanghai PhiChem has focused more on the high value-added components of the smiling curve and has excelled as a hidden champion in China. Implications are given to entrepreneurs and managers in the emerging market from the perspectives of market entry, operations, and customer management.
Business innovation, china, entrepreneurship case study, hidden champion
Xiaohong Iris Quan and Sharon Qi. "PhiChem: An Entrepreneurship Case Study of a Hidden Champion in China" IEEE Engineering Management Review (2020): 92-101. https://doi.org/10.1109/EMR.2020.2993240