Despite China's long and established demand for high technology products, many leading international firms have become increasingly wary about running in the Chinese marketplace. They view discriminatory management, unfair competitive practices and intellectual property theft as parcel and part of the Chinese encounter. However, they focus on a different side of China, one that requires foreign firms to stay actively engaged.
Their research describes exceptional kinds of China-based technology innovation, mastery of which is becoming more and more indispensable for practically any company aiming to be successful in the world market. The writers concede that China now may not yet function as the spot to really go for trail-breaking R&D or radical new creation. But it's becoming the place to go should you like to know the best way to make new thoughts commercially feasible. The authors provide comprehensive examples involving semiconductor design and wind turbine manufacturing. They group China- capacities for high-speed tempo operations based knowledge into four types and speed to market, accommodation of unique customer preferences, world-leading capabilities for price reduction and capacities for new types of generation that is networked.
In China, the writers note, a lot of people stress that the focus on production of their society has come in the expense of innovation. Conversely, many in the West consider that the migration of production to overseas locations has impeded their innovative ability. But the authors say that both views overlook the mark, noting that the most groundbreaking ideas are devoid of commercial value unless they can be delivered as products in a manner, in a price point and within an amount of time that satisfies the preferences of consumers.
PUBLICATION DATE: July 01, 2014 PRODUCT #: SMR493-HCB-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
Related Case Solutions & Analyses:
Genetic Testing and the Puzzles We Are Left To Solve (E)
CH2M HILL: Reinventing Organizational Careers
Maria Gonzalez
And Now The Hard Part: Role-Plays
K2: Brotherhood of the Rope (B)
Mattel: Crisis Management or Management Crisis
Taking charge: Jürgen Klinsmann and the German national soccer team, Spanish Version
Performance Indicator
Infosys: Financing an Indian Software Start-Up, Chinese Version
Avon Products China (A)
