Leave a reply China Economy Case Study: China economy is characterized as the socialist market economy and it is supposed to be the second largest and second most powerful economy after the USA. The success of China is associated with the rapid dynamics of the growth of its economy and intensive development of industry, services and agriculture.
No Abstract The idea of reverse innovation, local innovation happening in emerging markets for the global market, has gained much academic and managerial attention in recent years.
The purpose of this study is to understand how reverse innovation has successfully diffused into the product and market development strategies at Philips Inc. Furthermore, the study presents the success achieved by these innovations at both the domestic and global levels, along with their implications regarding socio-economic sustainability in emerging markets.
In order to investigate the research questions, a case study of Philips China was conducted involving three product innovations that were found to be suitable examples of reverse innovation.
After the study of extant literature on the topic, drawing from research databases, newspaper articles, and company press releases, five semi-structuredinterviews were conducted with key managers and a market practitioner to gain sufficient understanding for this exploratory study.
Subsequent case analysis concludes that these innovations are examples of reverse innovation representing a new paradigm change in innovation flow.
A Case Study of Philips China. Sustainability8, See further details here. Related Articles Article Metrics For more information on the journal statistics, click here.
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A Case Study of China's Macroeconomic Problems - Download as PDF File .pdf), Text File .txt) or read online.
|Federal Reserve Bank of San Francisco | Research, Economic Research, Publications, Economic Letter||We live under an economic system based on perpetual growth, an infinite expansion on an increasingly crowded and finite world. Shanghai at night Author's note:|