Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSN › Chapter
Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSN › Chapter
}
TY - CHAP
T1 - New product development in emerging economies
T2 - innovation in reverse from China
AU - Corsi, Simone
AU - Di Minin, Alberto
AU - Piccaluga, Andrea
PY - 2015/9
Y1 - 2015/9
N2 - This chapter deals with how the unique features of China impact on the R&D activities of foreign MNCs operating there. The R&D performance of companies in emerging economies triggered the interest of management scholars a few years ago, and attention has increased due to the last financial and industrial crisis which has facilitated emerging economies (and especially China) in taking the lead in global markets. The resulting importance of the Chinese market has led foreign companies to internationalize their R&D activities there. More recently, focus has been on how the Chinese market, as well as other emerging markets, could provide these companies with new sources of innovation. This means that Vernon's traditional life cycle has been reversed, as originally this role belonged to the US market. Using case studies, we analyzed four Italian companies with R&D and innovative activities in China. We show how the Chinese competitive context can trigger global innovation if stimuli are properly received at both local and corporate levels.
AB - This chapter deals with how the unique features of China impact on the R&D activities of foreign MNCs operating there. The R&D performance of companies in emerging economies triggered the interest of management scholars a few years ago, and attention has increased due to the last financial and industrial crisis which has facilitated emerging economies (and especially China) in taking the lead in global markets. The resulting importance of the Chinese market has led foreign companies to internationalize their R&D activities there. More recently, focus has been on how the Chinese market, as well as other emerging markets, could provide these companies with new sources of innovation. This means that Vernon's traditional life cycle has been reversed, as originally this role belonged to the US market. Using case studies, we analyzed four Italian companies with R&D and innovative activities in China. We show how the Chinese competitive context can trigger global innovation if stimuli are properly received at both local and corporate levels.
KW - Reverse Innovation
KW - Disruptive innovation
KW - R&D
KW - Internationalization
KW - China
KW - Emerging Economies
KW - MNC
KW - Case Study
KW - FDI
U2 - 10.1002/9781118739044.ch11
DO - 10.1002/9781118739044.ch11
M3 - Chapter
SN - 9781118739068
SP - 232
EP - 248
BT - The handbook of global science, technology, and innovation
A2 - Archibugi, Daniele
A2 - Filippetti, Andrea
PB - Wiley Blackwell
CY - Chichester
ER -