Global Innovation in Emerging Economies (Hardback) book cover

Global Innovation in Emerging Economies

By Prasada Reddy

© 2011 – Routledge

294 pages

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Hardback: 9780415879668
pub: 2010-12-21
eBook (VitalSource) : 9780203833674
pub: 2011-02-01
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In recent decades, there have been significant changes in the way corporate innovation activities are performed. They include changes in the innovation process, flexibility to outsource certain innovation activities, and by far, the most important one, wider choice in the location of innovation. What caught the most attention of is the trend towards globalization of research and development (R&D) and thereby performance of innovation activities away from the home countries.

The main concerns relate to the two new trends: First, the multinational corporations (MNCs) locating strategic innovation activities in some countries outside the industrialized world, which can be referred to as ‘emerging economies’; and Second, since 2000, some companies from the emerging economies have started entering the global markets with innovative products and services, developed through their own R&D. Both these new developments have managerial implications for companies and policy implications for the host countries (where such R&D is performed), as well as for the home countries of the companies. Further, innovative products and services resulting from R&D activities in emerging economies seem to better address the needs of consumers at the bottom-of-the-pyramid in other developing countries. This book explores and analyzes these issues.

This research presented in Global Innovation in Emerging Economies is applicable to both the industrialized and developing worlds, although from different perspectives – the former would like to prevent relocation of R&D from their countries, and the latter want more of R&D-related investments.

Table of Contents

1. Introduction 2. Global Business Environment 3. Globalization of Innovation – A Conceptual Framework 4. Innovation Environment in Emerging Economies 5. Global Innovation in India 6. Global Innovation in China 7. Global Innovation in Brazil 8. Global Innovation in South Africa 9. Implications for Innovation Systems 10. Innovations in Emerging Economies: Implications for Other Developing Countries (South-South Dimension) 11. Summary and Conclusions

About the Author

Prasada Reddy is a faculty member at the Research Policy Institute, Lund University, Sweden. He also worked at the Centre for Entrepreneurship, University of Oslo. He has been a consultant to several multilateral organizations. His broad areas of work include: foreign direct investments, industrialization, innovation and intellectual property rights.

About the Series

Routledge Studies in Innovation, Organizations and Technology

This innovative series explores the role of innovation and innovation management and technological advances from an organizational perspective. This series brings together theories from a wide range of individual disciplines and examines both the internal understanding and management and also an external, shareholder perspective. Routledge Studies in Innovation, Organizations and Technology (RIOT!) features cutting -edge research addressing all the major issues in business and management today, helping to define and advance the field.

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economic History
BUSINESS & ECONOMICS / International / General
BUSINESS & ECONOMICS / Marketing / Research