Abstract: Silicon Valley is recognized as a synonym for innovation and growth, and it is currently one of global disruptive innovation centers in spotlight. Meanwhile, Apple, Intel, Google and other relevant enterprises in Silicon Valley have become industrial leaders. What explains the persistence of disruptive innovation in Silicon Valley? Combined with the actual needs and research gaps, the case study method is used to explain the code of disruptive innovation through the enterprises’ innovation ecosystem in Silicon Valley. The article first reviews the origins of Silicon Valley and describes the innovation trajectory led by Silicon Valley enterprises. Secondly, it focuses on the analysis of the basic characteristics of typical disruptive innovations of Silicon Valley enterprises, and extracts the common drivers to realize these disruptive innovations. The results show that :(1) building a new and powerful enterprise innovation ecosystem is an important carrier to promote silicon valley enterprises from "late entrant" to "disrupter"; (2) Embedding platforming thinking and modular logic is the key to enhance the uniqueness of silicon Valley's enterprise innovation ecosystem. In the end, some management enlightenments are condensed to provide references for Chinese enterprises that are actively exploring disruptive innovation.

摘要： 硅谷被公认为是创新和增长的代名词，也是全球重要的颠覆性创新中心之一，苹果、英特尔、谷歌等硅谷企业更是行业翘楚。如何解释硅谷能够持续性产生颠覆性创新这一现象？结合现实需求和研究缺口，试图运用案例研究方法来破解硅谷企业通过创新生态系统持续实现颠覆性创新的密码。首先回顾了硅谷的起源，并描绘了硅谷由企业牵引的创新演进轨迹。其次，归纳了近20年来硅谷企业的代表性颠覆性创新的基本特征，并提炼了影响这些颠覆性创新的共性要素。研究结果表明：（1）构建新颖且强大的企业创新生态系统，是推动硅谷企业从“后发者”到“颠覆者”的关键路径；（2）嵌入平台化思维和模块化逻辑，是提升硅谷企业创新生态系统独特性的重要机制。文章最后给出了研究结论并凝练了若干管理启示，可为当前积极探索颠覆性创新的我国企业提供参考。