July 01, 2011
The 2011 McKinsey Global Survey on R&D, performed in March, took place just as political instability in the Middle East brought rising oil prices, and with them, a new round of economic...
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Globalization
July 01, 2011
An Interview with G. N. Bajpai Innovation in emerging markets is driven by a different mindset than is traditional in developed markets. According to G. N. Bajpai, innovation in India is driven by a...
July 01, 2011
There’s never been a better time for innovators from emerging markets. Whether you’re an agribusiness giant in Brazil, a software entrepreneur in Mumbai, or a contract manufacturer in Taiwan, the...
July 01, 2011
Creativity and innovation remain serious concerns for most companies. But there are differences in opinion as to the best road through the challenges that lay ahead. How does organizational culture...
July 01, 2011
OVERVIEW: The quality and number of innovations developed by multinational companies from emerging countries is increasing dramatically. In particular, frugal innovations—“good-enough,†affordable...
July 01, 2011
OVERVIEW: Innovation subsidiaries increasingly follow manufacturing subsidiaries into emerging markets. Compared to well-established Western economies, emerging markets present unique challenges for...
July 01, 2011
Conventional wisdom has long held that innovation is the strength of the West and that what gets developed in the West is modified and transferred to “the Rest.†But the reality of recent years does...
May 01, 2011
OVERVIEW: In the short term, in a developing country like India, the GDP growth rate is dependent more on innovation capacity than on scientific strength. But if a high growth rate is to be sustained...
January 01, 2011
Dealing with the Chinese Dragon Second of a two-part series After more than two decades providing cheap labor to fuel the world’s manufacturing processes, the Chinese government has begun a campaign...
January 01, 2011
OVERVIEW: Firms in emerging markets have traditionally followed one of two strategies to catch up with multinational enterprises (MNEs): developing customized products, services, or innovative...
November 01, 2012
Companies have struggled with globalization on many levels. A particular difï¬culty has been developing products for emerging markets. In their new book, Reverse Innovation , Vijay Govindarajan and...
November 01, 2012
As a research scientist with 30 years of industrial experience, I’ve seen my share of failed technology and market predictions. I’ve also spent my share of sleepless nights questioning chosen...
September 01, 2012
OVERVIEW: A key to effective and efï¬cient R&D is the ability to commercialize new products quickly and effectively while leveraging the advantages of global outsourcing. The growing role of...
Do You Recommend Any Contract Research Organizations in Asia? We are a specialty chemicals producer and are evaluating conducting some of our research off shore in Asia (China or India). We are...
July 01, 2013
In the post-World War II boom, the aim of the big corporation was to become bigger—integration and diversification were the watchwords. But the economic and political upheavals of the 1970s left...
July 01, 2014
Product and service innovations aimed at resource-constrained customers in emerging markets have recently attracted much research and management attention. Despite the prominence of this topic,...