Category

Global business

07.27.10

Why China Might Never Protect IP China, Economy, Global business, blog | Comments Off
In the past couple of years, the jawboning directed toward China has moved on from IP infringement — stealing content! — to currency manipulation — stealing jobs! Last month, China found a way to blunt the pressure without actually doing very much, announcing that the value of the RMB would no longer be fixed against the dollar, but would float at a carefully managed level — not yet noticeably different from the fixed value. And this may be essentially the same tack China has taken with the IP issue. While various efforts to tighten IP rights enforcement have been publicized, ...
07.27.10

Why China Might Never Protect IP China, Economy, Global business, blog | Comments Off
In the past couple of years, the jawboning directed toward China has moved on from IP infringement — stealing content! — to currency manipulation — stealing jobs! Last month, China found a way to blunt the pressure without actually doing very much, announcing that the value of the RMB would no longer be fixed against the dollar, but would float at a carefully managed level — not yet noticeably different from the fixed value. And this may be essentially the same tack China has taken with the IP issue. While various efforts to tighten IP rights enforcement have been publicized, ...
11.06.09

Polycentric Innovation: The New Global Innovation Agenda for MNCs Global business, India, Innovation, blog | Comments Off
Recently I delivered a talk a the Council on Foreign Relations titled "Managing the New Trajectory of Global Innovation" explaining why and how multinationals must revamp their Western-centric innovation strategy in order to effectively leverage global ideas, talent, and markets. In our increasingly multi-polar world characterized by the inexorable rise of emerging markets like Brazil, China, and India, I believe multinationals (MNCs) must abandon their ethnocentric innovation model — which concentrated all their R&D resources in the West. Instead, MNCs must embrace a "polycentric" innovation model in which R&D capabilities are distributed globally to swiftly seize regional opportunities and ...
09.30.09

Is Reverse Innovation Like Disruptive Innovation? Disruptive innovation, General Electric, Global business, blog | Comments Off
We published an article, "How GE is Disrupting Itself," in the October 2009 Harvard Business Review, co-authored with Jeff Immelt, Chairman and CEO of General Electric. The article introduces the phenomenon of reverse innovation. Several people have asked us about the relationship between reverse innovation and disruptive innovation, as defined by Clay Christensen. There is an overlap between reverse innovation and disruptive innovation but not a one-to-one relationship. In other words: Some, but not all, illustrations of reverse innovation are also illustrations of disruptive innovation. A reverse innovation, very simply, is any innovation likely to be adopted first in ...