China has a poor record on value-creation and capturing value of innovation outside the country itself. But times are changing, very fast, suggest IMD-professor Bill Fischer on the website Management-Issues. China might surprise the world again.Read More →
Professor Bill Fischer of IMD in Lausanne discusses how the digital cowboys of today are changing corporate landscape and how a failed leadership at larger companies have to deal with this impatient generation. “They do not accept premature mediocracy anymore.”Read More →
After becoming the shop floor of the world, China is now focusing on its position as global innovator. IMD-professor Bill Fischer examines in Forbes whether those ambitions can become true. Counting patents is certainly not the way.Read More →
The People’s Liberation Army (PLA) conducted on June 1 its first test flight with the Silver Hawk UAV in the Binhai area, targeting commucation between navy vessels at sea, writes Wendell Minnick in Defense News. Read More →
China’s regulators have been scrapping preferential treatment of local firm to win procurement contracts from the government, originally meant to strengthen indigenous innovation. “It is a sign the government is listening to the needs of foreign companies,” says Shaun Rein in the China Daily.Read More →
The lack of an independent legal system is holding back China’s innovative power; protecting the rights of entrepreneurs and innovators is key, business analyst Paul French tells in NPR. And then there is social welfare, health care pensions and a few other things.Read More →
Competitors from China are becoming better, IMD-professor Bill Fischer concludes in Forbes. Cheap labor and competitive pricing are replaced by a far greater asset: listening better to their clients. Fischer zooms in on UnionPay, China’s only electronic retail network.Read More →
Innovation tops many agenda’s, from individuals, organizations and countries. But what innovation actually is and how to deal with it, outside high-brow and often mythical debates, remains illusive.Read More →
Is China becoming an innovative force? Arthur Kroeber belongs to the bears in this debate, he tells Reuters, as the academic climate in the country is too much constrained. Not only lack of intellectual property protection and a failing educational system holds innovation back.Read More →
Bill Fischer When you are looking for smart ideas in China, go to Beijing, rather than Shanghai or Guangzhou, writes IMD business professor Bill Fischer of technology management in the Business Times, exploring the strategy for idea hunting. Interested in Web 2.0? Go to Silicon Valley. If you go anywhere else,Read More →
Annette Nijs Executive Director Global Initiative of the China Europe International Business School (CEIBS) Annette Nijs led earlier this week a signing ceremony for a partnership between her school and the Dutch multinational Philips, a partnership focusing on health care and innovation. From the CEIBS-website: Annette Nijs called the eventRead More →
William Bao Bean via Flickr William Bao Bean has joined Singtel Innov8, a US$ 150 million venture capitalist firm as managing director in Shanghai. Singtel Innov8 has been established in September. Singtel Innov8 is focused on investing in and driving innovative services and technology from around the world, especially China,Read More →