Journal ArticleDOI
Reverse innovation, emerging markets, and global strategy
TLDR
The concept of reverse innovation as mentioned in this paper refers to the case where an innovation is adopted first in poor (emerging) economies before "trickling up" to rich countries, and it raises interesting theoretical questions, such as what kinds of innovation emerging economies are likely to spawn, why such innovations might diffuse to richer countries, what competitive advantages local and foreign firms enjoy in this process, and how it affects the global strategy and organization of established MNEs.Abstract:
‘Reverse innovation’ refers to the case where an innovation is adopted first in poor (emerging) economies before ‘trickling up’ to rich countries. Although examples of reverse innovation are still rare, it raises interesting theoretical questions, such as what kinds of innovation emerging economies are likely to spawn, why such innovations might diffuse to rich countries, what competitive advantages local and foreign firms enjoy in this process, and how it affects the global strategy and organization of established MNEs. Research on reverse innovation can enrich and extend mainstream theories of innovation, internationalization, MNE management, and FDI spillovers.read more
Citations
More filters
Journal ArticleDOI
What is really different about emerging market multinationals
TL;DR: De la Torre and Chacar as discussed by the authors focus on the second kind of challenge, asking specifically whether existing theories, developed principally from studying DMNEs, are adequate to explain the behavior of EMNEs.
Journal ArticleDOI
Theoretical foundations of emerging economy business research
Klaus E. Meyer,Mike W. Peng +1 more
TL;DR: Theoretically into Central and Eastern Europe: Transactions, Resources, and Institutions as mentioned in this paper is a survey of the contributions of research in CEE to theoretical debates in business research, highlighting the need to develop a better understanding of the boundary conditions of scholarly theories of knowledge.
Journal ArticleDOI
A review of Internet of Things (IoT) embedded sustainable supply chain for industry 4.0 requirements
TL;DR: In this article, a comprehensive study on various factors, that affects the sustainable supply chain were analyzed and the results recorded, based on the review, a framework for assessing the readiness of supply chain organization from various perspectives has been proposed to meet the requirements of the fourth Industrial Revolution.
Journal ArticleDOI
Extending theory by analyzing developing country multinational companies: Solving the Goldilocks debate
TL;DR: It is argued that the unique conditions of developing countries influence the internationalization ofDMNCs, creating a laboratory for extending theory, and some of the key theories and models of the multinational company are reviewed and explained how they can be extended with the study of DMNCs.
Journal ArticleDOI
A general theory of springboard MNEs
Yadong Luo,Rosalie L. Tung +1 more
TL;DR: The springboard view has become one theoretic lens to analyze emerging market multinationals (EMNEs) in the past decade as mentioned in this paper, and new developments offer keen insights on these firms and MNEs in general that aggressively engage in critical asset seeking.
References
More filters
Book
The competitive advantage of nations
TL;DR: The Need for a New Paradigm as discussed by the authors is the need for a new paradigm for the competitive advantage of companies in global industries, as well as the dynamics of national competitive advantage.
Journal ArticleDOI
Exploration and Exploitation in Organizational Learning
TL;DR: In this paper, the authors consider the relation between the exploration of new possibilities and the exploitation of old certainties in organizational learning and examine some complications in allocating resources between the two, particularly those introduced by the distribution of costs and benefits across time and space.
Journal ArticleDOI
International Investment and International Trade in the Product Cycle
TL;DR: In this paper, the authors focus on international investment and international trade in the product cycle and argue that it is a mistake to assume that equal access to scientific principles in all the advanced countries means equal probability of the application of these principles in the generation of new products.
Journal ArticleDOI
The myopia of learning
TL;DR: The imperfections of learning are not so great as to require abandoning attempts to improve the learning capabilities of organizations, but that those imperfections suggest a certain conservatism in expectations.
Myopia of learning
TL;DR: In this paper, the authors examine the ways organizations approach these problems through simplification and specialization and how those approaches contribute to three forms of learning myopia, the tendency to overlook distant times, distant places, and failures, and identify some ways in which organizations sustain exploration in the face of a tendency to overinvest in exploitation.
Related Papers (5)
International expansion of emerging market enterprises: A springboard perspective
Yadong Luo,Rosalie L. Tung +1 more