The Innovator's Cookbook by Steven Johnson
Author:Steven Johnson
Language: eng
Format: mobi, epub
Publisher: Penguin Group USA, Inc.
Published: 2011-09-06T10:00:00+00:00
THE IMPLICATIONS FOR WESTERN COMPANIES
These models of innovation spell out a clear message for many companies in the developed world: if you’re not participating in the mass-market segment of emerging economies, you’re not developing the capabilities you will need to compete back home. Our first recommendation to Western companies is therefore to go offshore, not just to the affluent segments, and not just for wage cost differentials, but to serve the mass market. Only there will you be forced to innovate in the ways required to succeed in the future. The recommendations that follow build on this basic idea.
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