Abstract: the e-business enterprises from china successfully attained a fast catch-up with the leading ones from developed countries in the past decade through establishing their own local framework of technology and market. How can they achieve it in the specific context of china? A co-evolution model between the secondary business-model innovation and technological innovation could be explored in the case of Alibaba. The secondary business-model innovation evolves from the introduction of fundamental technologies, then co-evolves with the local technologies through the cycling of “secondary business-model innovation – market structure – competitive strategy – technological innovation – secondary business-model innovation”, and finally accelerates the development and catch-up of the local technologies through the three co-evolution phases of “fundamental technology introduction – indigenous technology innovation – emerging technology guidance”. This co-evolution model enriches the catch-up theory from a combined perspective of the secondary business-model innovation and technological innovation, having positive implications for innovation practices of late-comer firms.

摘要： 中国的电子商务企业在过去10余年间，通过建立自主的技术研发与市场结构，成功实现了对发达国家领先企业的快速追赶。在中国独特的技术与市场情境下它们究竟是如何实现快速追赶的？本文选取阿里巴巴集团作为研究案例，提出了二次商业模式创新与技术创新的共演模型，较好地展现了两者的共演机制与共演阶段。二次商业模式创新的演进始于后发企业对支撑技术的引进，通过“二次商业模式创新—市场结构—竞争战略—技术创新—二次商业模式创新”的循环路径形成与本地技术创新的共演机制，并经过“支撑技术引进—自主技术创新—新兴技术引领”三个共演阶段，推动本地技术的快速发展与追赶。这一共演模型从二次商业模式创新与技术创新的复合视角丰富了后发企业追赶理论，为后发企业创新实践提供了借鉴。

关键词: 二次商业模式创新, 共演, 后发企业, 快速追赶, 阿里巴巴集团, secondary business-model innovation, co-evolution, latecomer firms, fast catch-up, Alibaba group