Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Indian and Chinese companies at the forefront of innovation

11.01.2013
There is a widespread view that Indian and Chinese companies compete with the West through lower wages and cheap imitations. However, according to innovation researcher Monica Plechero, that era is over.
In a new study from Lund University, Sweden, she shows that both India and China hold their own in competition, including when it comes to developing new products. She also thinks the West has something to learn from their innovation processes.

In Europe and the USA, the importance of regional clusters is often emphasised for the development of new products and services. In China and India, it is global collaborations rather than regional ones that drive innovation.
“It is still the case that both Indian and Chinese companies imitate others, but they have also become better at developing new complex products”, says Monica Plechero, who has studied Indian and Chinese companies in the automotive, ICT and green biotech industries.

The process has not been exactly the same in both countries. China mainly develops products for the domestic market; international trade comes second. In India, the international market is used as a springboard in product development.

“The Chinese market is larger and more mature than the Indian market”, says Dr Plechero.

In the course of just a few years, the Chinese and Indian share of the world’s research and development centres has increased from 8 to 18 per cent.

Monica Plechero claims that India and China invest more than the West in organisational innovation, i.e. the implementation of a company structure that creates a favourable climate for new inventions.
But what is the West to do then when we can neither compete on low wages or on the best innovation capacity?

“I think we need to become better at utilising others’ knowledge, just as is done in China and India. It is not a bad thing to learn from others’ knowledge. Of course, then you have to specialise and find your own niche. Successful European companies are far too eager to keep their trade secrets to themselves.”

Monica Plechero has completed a PhD at CIRCLE and the Department of Human Geography with a thesis entitled The changing geography of innovation – Chinese and Indian regions and the global flows of innovation.

Monica Plechero can be contacted by email: Monica.Plechero@circle.lu.se, Skype: monicaplechero, or telephone: +39 328 4195507

Helga Ekdahl Heun | idw
Further information:
http://www.vr.se
http://lup.lub.lu.se/luur/download?func=downloadFile&recordOId=3158091&fileOId=3158105

More articles from Studies and Analyses:

nachricht Multi-year study finds 'hotspots' of ammonia over world's major agricultural areas
17.03.2017 | University of Maryland

nachricht Diabetes Drug May Improve Bone Fat-induced Defects of Fracture Healing
17.03.2017 | Deutsches Institut für Ernährungsforschung Potsdam-Rehbrücke

All articles from Studies and Analyses >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: A Challenging European Research Project to Develop New Tiny Microscopes

The Institute of Semiconductor Technology and the Institute of Physical and Theoretical Chemistry, both members of the Laboratory for Emerging Nanometrology (LENA), at Technische Universität Braunschweig are partners in a new European research project entitled ChipScope, which aims to develop a completely new and extremely small optical microscope capable of observing the interior of living cells in real time. A consortium of 7 partners from 5 countries will tackle this issue with very ambitious objectives during a four-year research program.

To demonstrate the usefulness of this new scientific tool, at the end of the project the developed chip-sized microscope will be used to observe in real-time...

Im Focus: Giant Magnetic Fields in the Universe

Astronomers from Bonn and Tautenburg in Thuringia (Germany) used the 100-m radio telescope at Effelsberg to observe several galaxy clusters. At the edges of these large accumulations of dark matter, stellar systems (galaxies), hot gas, and charged particles, they found magnetic fields that are exceptionally ordered over distances of many million light years. This makes them the most extended magnetic fields in the universe known so far.

The results will be published on March 22 in the journal „Astronomy & Astrophysics“.

Galaxy clusters are the largest gravitationally bound structures in the universe. With a typical extent of about 10 million light years, i.e. 100 times the...

Im Focus: Tracing down linear ubiquitination

Researchers at the Goethe University Frankfurt, together with partners from the University of Tübingen in Germany and Queen Mary University as well as Francis Crick Institute from London (UK) have developed a novel technology to decipher the secret ubiquitin code.

Ubiquitin is a small protein that can be linked to other cellular proteins, thereby controlling and modulating their functions. The attachment occurs in many...

Im Focus: Perovskite edges can be tuned for optoelectronic performance

Layered 2D material improves efficiency for solar cells and LEDs

In the eternal search for next generation high-efficiency solar cells and LEDs, scientists at Los Alamos National Laboratory and their partners are creating...

Im Focus: Polymer-coated silicon nanosheets as alternative to graphene: A perfect team for nanoelectronics

Silicon nanosheets are thin, two-dimensional layers with exceptional optoelectronic properties very similar to those of graphene. Albeit, the nanosheets are less stable. Now researchers at the Technical University of Munich (TUM) have, for the first time ever, produced a composite material combining silicon nanosheets and a polymer that is both UV-resistant and easy to process. This brings the scientists a significant step closer to industrial applications like flexible displays and photosensors.

Silicon nanosheets are thin, two-dimensional layers with exceptional optoelectronic properties very similar to those of graphene. Albeit, the nanosheets are...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

International Land Use Symposium ILUS 2017: Call for Abstracts and Registration open

20.03.2017 | Event News

CONNECT 2017: International congress on connective tissue

14.03.2017 | Event News

ICTM Conference: Turbine Construction between Big Data and Additive Manufacturing

07.03.2017 | Event News

 
Latest News

Researchers create artificial materials atom-by-atom

28.03.2017 | Physics and Astronomy

Researchers show p300 protein may suppress leukemia in MDS patients

28.03.2017 | Health and Medicine

Asian dust providing key nutrients for California's giant sequoias

28.03.2017 | Life Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>