Innovation from Emerging Markets: From Copycats to Leaders

Emerging markets have gained significant importance in global GDP and have become key drivers of innovation, local development, and global competition. This book highlights the rapid evolution of emerging markets from imitators to innovation leaders, offering a taxonomy of emerging market innovations and re-examining dominant theories of innovation and capability creation.

Format: Paperback / softback
Length: 410 pages
Publication date: 16 February 2023
Publisher: Cambridge University Press

In recent years, emerging markets have assumed an increasingly significant role in the global economy, contributing to remarkable economic development and political influence. As a result, emerging market companies have emerged as crucial drivers of innovation, local development, and global competition. This book aims to provide a comprehensive and integrative perspective that encompasses the diverse range of innovation practices among companies in emerging markets. By drawing upon extensive research conducted by the Emerging Multinational Research Network (EMRN) in collaboration with universities across North and South America, Europe, and China, this volume offers a rich and comprehensive exploration of innovation in regions that have previously received limited attention within the field.

The authors of this book also critically reexamine prevailing theories of innovation and capability creation, drawing upon a diverse array of case studies and research insights. The book presents a taxonomy of emerging market innovations, shedding light on the unique drivers, types, and outcomes of innovation in these markets.

By examining the evolving landscape of emerging markets, this book provides valuable insights for scholars, policymakers, and business executives alike. It underscores the importance of understanding the diverse dynamics and characteristics of these markets in order to foster sustainable growth, promote innovation, and contribute to the global economy.

ISBN-13: 9781108708371