Below the Radar: What does Innovation in Emerging Economies have to offer other Low Income Economies?
Kaplinsky, Raphael, Chataway, Joanna, Clark, Norman, Hanlin, Rebecca, Kale, Dinar, Muraguri, Lois, Papaioannou, Theo, Robbins, Peter and Wamae, Watu (2010). Below the Radar: What does Innovation in Emerging Economies have to offer other Low Income Economies?. UNU-MERIT.
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Sub-type Working paper Author Kaplinsky, Raphael
Chataway, Joanna
Clark, Norman
Hanlin, Rebecca
Kale, Dinar
Muraguri, Lois
Papaioannou, Theo
Robbins, Peter
Wamae, WatuTitle Below the Radar: What does Innovation in Emerging Economies have to offer other Low Income Economies? Publication Date 2010 Place of Publication Maastricht, NL Publisher UNU-MERIT Pages 34 Abstract Between 1970 and 2000 the proportion of global R&D occurring in low income economies rose from two percent to more than 20 percent. However, this rising commitment to R&D does not easily translate into the emergence of a family of innovations meeting the needs of low income consumers “at the bottom of the pyramid”, since much of these technological resources are invested in outdated structures of innovation. A number of transnational corporations are targeting these markets but it is our contention that much of the previously dominant innovation value chains are either ignorant of the needs of consumers at the bottom of the pyramid, or lack the technologies and organisational structures to meet these needs effectively. Instead, the firms and value chains that are likely to be most successful in these dynamic new markets are those that are emerging in China and India and other developing countries, disrupting global corporate and locational hierarchies of innovation. Keyword Science and technology
Asian drivers
Innovation systems
Millennium development goalsJEL B52
D21
F02
F23
F59
L26
O31Copyright Holder UNU-MERIT Copyright Year 2010 Copyright type All rights reserved -
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