Essay on Emerging Markets: from Copycats to Innovators
Some of us are aware, especially those who are tech geek like I am, that, Tech companies are notorious for copying each other’s products and services, essentially “stealing” ideas. While some consumers get frustrated with companies releasing copycat products, the reality is that this game of one-upmanship results in better services for the consumer. Just to cite a few examples, according to P. Baumgartner (2008). “Don’t knock copy-cat innovation, it fuels the real stuff” at ventureburn.com, “Google wanted a more networking-friendly Facebook, so it created Google+. Apple’s team wanted its own navigation app, so it onced tried Google Maps. Facebook didn’t want to miss out on …show more content…
Unit Two Case Analysis
What are the core resources and capabilities of emerging multinationals from emerging economies?
Companies such as Acer, Lenovo, HTC and Goldwind, among others take advantage of proven track record, effective business models and organizational cultures of the emerging multinationals from developed economies. According to Peng in his ebook Global Strategy, 3rd Edition, It’s like in kung-fu movie,you will remember that a new champion cannot merely be an excellent student—at some point, the student will have to be a master himself byinnovating some fancy moves. These moves are not likely to create head-to-head competition against existing masters. Rather, these innovators are likely to leverage theirintimate knowledge of the