China as a Place to Innovate

Oliver Gassmann (), Angela Beckenbauer () and Sascha Friesike ()
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Oliver Gassmann: Universität St. Gallen
Angela Beckenbauer: Universität St. Gallen
Sascha Friesike: Alexander von Humboldt Institut für Internet und Gesellschaft

Chapter 1 in Profiting from Innovation in China, 2012, pp 1-16 from Springer

Abstract: Abstract Many western firms have to find an answer to the massive and aggressive Chinese growth. In the past it has been relatively easy: China was a destination for low cost manufacturing and a market for low cost products. Today this is different: China has become very competitive in many technological areas. And as such more and more transnational companies have identified China as a preferred place to conduct offshore R&D activities. Today we see many firms that go beyond simply innovating for China. Their Chinese R&D labs are responsible for many of their breakthrough-innovations in recent years.

Keywords: Reverse Innovation; Chinese Employee; Transnational Company; Western Firm; Chinese Supplier (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1007/978-3-642-30592-4_1

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