Reverse innovation: a global growth strategy that could pre‐empt disruption at home
Reverse innovation: a global growth strategy that could pre‐empt disruption at home
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逆向创新:可以预防国内颠覆的全球增长战略
DOI:
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发表时间:
2012
期刊:
影响因子:
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通讯作者:
C. Trimble
中科院分区:
文献类型:
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作者:
V. Govindarajan;C. Trimble
Purpose – The authors, leading authorities on global innovation, warn that Western companies targeting emerging markets to help drive growth will likely find that the traditional strategy of global localization will prove inadequate. An alternative is their new concept of reverse innovation which this paper aims to introduce.Design/methodology/approach – One example is the portable ultrasound machine developed originally by GE in the early 2000s to meet the particular needs of the Chinese market. Technology advances have since helped propel the growth of a $250 million business opportunity for GE globally, through finding many new applications in the USA and other advanced economies.Findings – Historically, multinationals innovated in rich countries and sold their products in poor countries. Reverse innovation is doing the opposite.Practical implications – Reverse innovation also highlights the potential for very low price‐point innovations originating in the developing world to generate new market demand...