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Issue No.06 - Nov.-Dec. (2013 vol.15)
pp: 2-6
Sunil Mithas , University of Maryland
Bimlendra Jha , Tata Steel, London
ABSTRACT
The developing world doesnt approach innovation in the same way as the developed world. Therefore, as firms globalize, they must be mindful of some fundamental differences as they craft their innovation strategies. This article articulates key dimensions and innovation approaches that differ across developing and developed economies. It proposes a framework that managers can use to develop a comprehensive innovation strategy and to tailor their IT systems accordingly.
INDEX TERMS
Strategic planning, Globalization, Technological innovation,digital strategy, global innovation, business strategy, emerging economies, developing world, developed world, information technology
CITATION
Shirish C. Srivastava, Sunil Mithas, Bimlendra Jha, "What Is Your Global Innovation Strategy?", IT Professional, vol.15, no. 6, pp. 2-6, Nov.-Dec. 2013, doi:10.1109/MITP.2013.102
REFERENCES
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8. J. Birkinshaw, “The Paradox of Corporate Entrepreneurship,” Strategy + Business, Spring 2003; www.strategy-business.com/article8276?gko=8c782 .
9. M.T. Hansen and J. Birkinshaw, “The Innovation Value Chain,” Harvard Business Rev., June 2009, pp. 121-130.
10. S. Murugesan, “The Rise of Emerging Markets: Opportunities and Challenges for IT,” IT Professional, vol. 14, no. 1, 2011, pp. 6-8.
11. R. Kohli and N.P. Melville, “Learning to Build an IT Innovation Platform,” Comm. ACM, vol. 52, no. 8, 2009, pp. 122-126.
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