Putting core competencies into market: core competence-based platform approach

Continuous and quick delivery of new products to the market is key to achieve competitive advantage. In order to make the users pay money for their products, firms should successively renew their products. It is necessary for the firms to build and leverage their core competence. Many Chinese firms have realized this. To some extent, Chinese firms are toward competence-based competition. This is the theme of this paper. Core competence of corporation is the source of competitive advantage. A core competence-based platform approach can translate core competence into practical advantage. It can integrate core competence and market needs.