This article is by Vijay Govindarajan, the Earl C. Daum 1924 Professor of International Business at Dartmouth’s Tuck School of Business. He was the first professor-in-residence and chief innovation ...
I’ve had a review copy of Reverse Innovation: Create Far from Home, Win Everywhere by Vijay Govindarajan (@vgovindarajan) sitting on my book pile for about a month or so. When I read the overview for ...
In a recent column, I suggested that China needs capable companies far more than innovative companies at this stage of its economic development. Why? Primarily because most Chinese players compete in ...
The economic benefits of reverse innovation are intuitively compelling, but this new innovation strategy presents several challenges to established firms, ranging from fears of product cannibalization ...
When Vijay Govindarajan joined General Electric as its chief innovation officer two years ago, he says, he took it up more as a student. As he prepares to return to the Tuck School of Business at ...
Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook While first world countries traditionally set the pace for technological development, they’re not ...
Last week I wrote about reverse innovation. We often witness this in other countries where the local conditions–whether due to political uncertainty, low local income levels, or unfavorable geography– ...
Old thinking: Take existing products created for rich customers in developed markets and scale them down for emerging markets. New thinking: First develop innovative solutions that work for customers ...
When Jonathan Pillai's father suffered a heart attack, surgeons inserted a device called a stent to prop open his damaged coronary artery — racking up a whopping 30,000 rupees, or about $5,000 at the ...
Reverse Innovation, the term coined by two Dartmouth University Professors Vijay Govindarajan and Chris Trimble refers to any innovation that is first introduced in the Developing countries with an ...
Tough environments offer motivations to fix problems in a way that might be inconceivable elsewhere. A look at some inspiring innovations that were necessarily conceived under duress. The Promise Of ...
What would you do if you were CEO of General Electric and found out that a company product, a state-of-the-art electrocardiogram developed and manufactured in India, was nowhere to be seen in that ...