EconStor >
Technische Universität Hamburg-Harburg (TUHH) >
Institut für Technologie- und Innovationsmanagement (TIM), Technische Universität Hamburg-Harburg >
Arbeitspapiere, Institut für Technologie- und Innovationsmanagement, TU Hamburg-Harburg >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/55442
  
Title:Role of "Lead Market" factors in globalization of innovation: Emerging evidence from India & its implications PDF Logo
Authors:Tiwari, Rajnish
Herstatt, Cornelius
Issue Date:2011
Series/Report no.:Working Papers / Technologie- und Innovationsmanagement, Technische Universität Hamburg-Harburg 64
Abstract:Access to lead markets is generally regarded as an important driver of the increasing globalization of innovation since these are considered to be early indicators for emerging customer needs. They are traditionally thought to exist in economies with high per capita income, sophisticated markets and high international visibility. We, however, propose that there is an increasing evidence of lead market tendencies in some emerging economies, e.g. India. We undertake a literature review to crystallize the need for an update/extension of the existing model to better reflect the changed ground realities and propose that factors such as voluminous markets, strong technological capabilities, and favorable government policies may be able to offset some of the disadvantages rooted in traditional deficiencies of developing economies. Engaging a developing country lead market may be useful for firms in securing better access to markets at the bottom of the economic pyramid, worldwide.
Subjects:Lead Markets
India
Globalization of Innovation
Internationalization of R&D
Frugal Innovations
Persistent Identifier of the first edition:urn:nbn:de:gbv:830-tubdok-11088
Document Type:Working Paper
Appears in Collections:Arbeitspapiere, Institut für Technologie- und Innovationsmanagement, TU Hamburg-Harburg

Files in This Item:
File Description SizeFormat
665753365.pdf313.93 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/55442

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.