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Ideal Types of Reverse Innovation for Enterprises from Developing Countries without Overseas R&D Centers: Case of Chinese Enterprises

Chapter in book
Authors Jun Jin
Min Guo
Maureen McKelvey
Zhengyi Zhang
Published in McKelvey, M. and Jin, J. Innovative Capabilities and Globalization of Chinese Firms: Becoming a Leader in Innovation Spaces
Publisher Edward Elgar Publishers
Place of publication Cheltenham, U.K.
Publication year 2019
Published at Department of Economy and Society, Innovation and Entrepreneurship (IIE)
Language en
Links www.e-elgar.co.uk
Keywords reverse innovation; China; developing countries; R&D centers
Subject categories Economics and Business

Abstract

The growing importance of research and development in developing countries in the global economics and increasing globalization of multinational enterprises from developing countries advance the emergence and expansion of the reverse innovation. Reverse innovation refers to the process that technology or innovation or new products are developed in developing countries or for markets in developing countries and then are transferred from developing countries to advanced countries. However, the reverse innovation taken by enterprises from developing countries is still under research. The chapter proposes a matrix framework to identify ideal types of reverse innovation for enterprises without overseas R&D centers from aspects of the innovation strategy and the location of commercialization. Three ideal types of reverse innovation are identified and tested. Their characteristics and implementation are analyzed too. Strategic suggestions on implementation of reverse innovation are provided to enterprises in developing countries at the end of chapter.

Page Manager: Webmaster|Last update: 9/11/2012
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