If you were to scan Thomson Reuters' list of Top 100 Global Innovators — note the use of "global" — you'd think that great innovation was unique to developed countries. Of the 100 ranked companies, 47 hail from the U.S., 25 from Japan, 21 from Western Europe, and 7 from South Korea. There isn't an emerging-market company in the bunch. This omission overlooks the role that emerging markets play in big-time innovation. For one, many companies from developed nations employ engineers from India and other nations. Two, top innovators often outsource their product development. And three, many innovative products — think netbooks — are designed and built by Original Design Manufacturers in Taiwan, China, India, and other countries.
No comments:
Post a Comment