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Disruptive Innovation in Chinese and Indian Businesses - The Strategic Implications for Local Entrepreneurs and Global Incumbents (Paperback)
Loot Price: R1,499
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Disruptive Innovation in Chinese and Indian Businesses - The Strategic Implications for Local Entrepreneurs and Global Incumbents (Paperback)
Series: Routledge Contemporary China Series
Expected to ship within 12 - 19 working days
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With the rapid development of China and India as new economic
powers in global competition, an obvious question is whether these
emerging economies are great opportunities or threats. Whilst
answers are bound to differ depending on one's perspective, it is
increasingly clear that more local firms, especially local
entrepreneurs, from these emerging economies will play a more
critical role in global competition by becoming challengers to
global incumbents. Indeed, the fact that the majority of their
populations are at the bottom of the pyramid, and thus cannot
afford products designed for the developed markets, has made these
emerging economies fertile ground for developing and applying
disruptive innovations. A novel mix of key attributes distinctive
from those of established technologies or business models,
disruptive innovations are typically inferior, yet affordable and
"good-enough" products or services, which originate in lower-end
market segments, but later move up to compete with those provided
by incumbent firms. This book sheds new light on disruptive
innovations both from and for the bottom of the pyramid in China
and India, from the point of view of local entrepreneurs and
international firms seeking to operate their businesses there. It
covers both the theoretical and practical implications of
disruptive innovation using conceptual frameworks alongside
detailed case studies, whilst also providing a comparison of
conditions and strategic options in India and China. Further,
unlike existing studies, this book focuses on the neglected
perspective of local challengers as the primary players, and in
doing so reveals the extent to which the future landscape of global
competition may be shaped by disruptive innovation, as well as its
capacity to make the world "flatter" and more sustainable. This
unique book will be valuable to both scholars and practitioners
interested in disruptive innovation and those working in the fields
of Asian studies, international business, economics and
globalization.
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