It’s no longer viable to innovate in a closed circuit! Like P&G, Google, and Boeing, more and more companies are recognizing the need to seek new ideas beyond their borders and are thus opening their innovation processes to outside communities (e.g., researchers, suppliers, consumers). How do they do it? The company must take leadership onRead more…

It is no longer accurate to characterize the focus of industry in China as low-cost manufacturing. And the idea that China’s research and development consists of simply imitating western technologies has also become grossly antiquated. As those who are paying attention realize, China is poised to become the leader in world innovation! China has masteredRead more…