1 Updates
Indian, Chinese firms lead in innovations
Photo Credit: LEON NEAL, Getty Images

Indian, Chinese firms lead in innovations

Jan 13 2013, 3:27am CST | by

Stockholm, Jan 13 (IANS) Indian and Chinese companies have become better in developing new complex products, a Swedish researcher says.

Stockholm, Jan 13 — Indian and Chinese companies have become better in developing new complex products, a Swedish researcher says. Monica Plechero has questioned the notion that Indian and Chinese...

Filed under: news

YouTube Videos

 
 
 

1 year ago

Indian, Chinese firms lead in innovations

Jan 13 2013, 3:27am CST | by

Stockholm, Jan 13 (IANS) Indian and Chinese companies have become better in developing new complex products, a Swedish researcher says.

Stockholm, Jan 13 — Indian and Chinese companies have become better in developing new complex products, a Swedish researcher says.

Monica Plechero has questioned the notion that Indian and Chinese companies compete with their Western counterparts only through lower wages and cheap imitations.

"It is still the case that both Indian and Chinese companies imitate others but they have also become better at developing new complex products", said Plechero from Lund University, Sweden.

Plechero has studied Indian and Chinese companies in the automotive, information and communication technologies and green bio-tech industries as part of her doctoral thesis.

But the process has not been the same in both countries, a Lund University statement quoted her as saying.

China mainly develops products for the domestic market. In India, the international market is used as a springboard in product development, she said.

"(But) the Chinese market is larger and more mature," said Plechero.

In just a few years, the Chinese and Indian share of the world's research and development centres has risen from eight to 18 percent.

Plechero claims that India and China invest more than the West in organisational innovation or the implementation of a company structure that creates a favourable climate for new inventions.

But what is the West to do then when it can neither compete on low wages or on the best innovation capacity?

"I think we need to become better at utilising others' knowledge, just as is done in China and India," she said.

"Of course, you have to specialise and find your own niche. Successful European companies are far too eager to keep their trade secrets to themselves," she said.

IANS

Source: IANS

 

Don't miss ...

 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

IPad Air Giveaway 2014 is Online
IPad Air Giveaway 2014 is Online
Our sister site I4U News is giving away a brand new iPad Air or if you can wait an iPad Air 2. This is an $499 value.
 
 
Your Parent Or Kid Moved In: Are You Covered?
A record 57 million Americans now live in multigenerational family households — double the number in 1980, according to a new Pew Research Center study. And I bet many of them have the wrong homeowner’s or renters...
 
 
Pandora Looks to Challenge Terrestrial Radio's Dominance in Cars
Pandora Media is one of the largest Internet radio providers in the U.S. with more than 75 million active users. While the company’s active user count has increased at a robust pace historically, it is likely to slow...
 
 
Are General Manager Salaries About To Skyrocket? Will There Be A Front Office Salary Cap?
Are General Manager Salaries About To Skyrocket? Will There Be A Front Office Salary Cap?
It’s January 2026. New York Yankees owner Hal Steinbrenner gets out of his driverless car and triumphantly marches before the gathered press to introduce his prized new free agent. It’s a record-breaking contract—over...
 
 
 

Latest from the Network

Pune FC aim for semi-spot in King's Cup
Thimpu, Nov 22 (IANS) Pune FC will be up against fellow Indian side Assam State Electricity Board (ASEB) in a crucial third round group stage encounter of the King's Cup at the Changlimithang Stadium here Sunday. The...
Read more on Sport Balla
 
We're doing okay: Zak after Robin Williams' death
Los Angeles, Nov 22 (IANS) Late actor-comedian Robin Williams' son Zak says that the family is still coming to terms with life after the actor's death. Zak, 31, opened up about how his family is coping since his...
Read more on Celebrity Balla
 
Indian golfers Shiv, Chiragh tied 13th, 14th at Manila
Manila, Nov 22 (IANS) Indian golfers Shiv Kapur and Chiragh Kumar fired five-under 67 each to finish tied 13th and joint 14th, respectively, after the third round of the $1 million Manila Masters at the par-72 Manila...
Read more on Sport Balla
 
Saarc panel decides to close regional centres
Kathmandu, Nov 22 (IANS) The Saarc Programming Committee, meeting here Saturday for its 49th session ahead of the 18th Saarc Summit, has decided to close down three regional centres and merge four others, bringing down...
Read more on Politics Balla
 
Nepal-India border to be sealed during Modi visit
Kathmandu, Nov 22 (IANS) Some parts of the Nepal-India border will be sealed during Indian Prime Minister Narendra Modi's visit to Lumbini, the birthplace of Lord Buddha, an official said here Saturday. Three...
Read more on Politics Balla
 
Australia rest pace trio ahead of India series
Melbourne, Nov 22 (IANS) Cricket Australia (CA) Saturday opted to rest pace trio Mitchell Johnson, Peter Siddle and Josh Hazlewood for the upcoming Sheffield Shield round matches, keeping in mind the upcoming Test...
Read more on Sport Balla
 
Kanye West 'obsessed' with Kim's photoshoot
Kanye West is ''obsessed'' with Kim Kardashian West's nude photoshoot. The 37-year-old rapper, who has 17-month-old daughter North with the reality TV star, is so proud of his wife for baring all and is planning to put...
Read more on Celebrity Balla
 
Lady Gaga: Sir Elton John 'saved' me
Lady Gaga was ''saved'' by Sir Elton John. The 'Pokerface' hitmaker - who battled a drug addiction for two years - has revealed how the 'Candle In The Wind' star helped her through the hard times. She said: ''It's...
Read more on Celebrity Balla
 
Sir Paul McCartney earns £60k a day
Sir Paul McCartney made £60,000 a day last year. Figures obtained by the Sun newspaper show that The Beatles star raked in £22 million over the 12 months as a director of his music firm. Paul was paid £15 million in...
Read more on Celebrity Balla
 
Kelly Brook's new man
Kelly Brook has reportedly found a new man. The 34-year-old model - who spectacularly split from David McIntosh in September this year - is believed to be dating model, James Crabtree, after the pair were seen out and...
Read more on Celebrity Balla