Research-Technology Management

Magazine for managers of research, development, and technology implementation.

Articles from Vol. 54, No. 4, July-August

A Different Approach to Drug Discovery
During the past decade, most large pharmaceutical firms have seen their drug pipelines decline. But Novartis AG, headquartered in Basel, Switzerland, has a different tale to tell. Last year, it received approval for four new drugs. The company has...
Building Innovation Subsidiaries in Emerging Markets: The Experience of Novo Nordisk: The Experience of Novo Nordisk Suggests That the Successful Development of Innovation Management Capabilities in R&D Subsidiaries Requires Careful Attention to the Structure and Management of the Subsidiary
R&D activities, unlike downstream functions such as manufacturing, are considered by many companies to be core strategic activities better kept close to the headquarters. As a result, locating innovation subsidiaries in emerging markets is not...
Frugal Innovation in Emerging Markets: The Case of Mettler Toledo: Successful Frugal Innovation Requires a Strong Local Presence in the Emerging Markets That Are Demanding Affordable, Good-Enough Products
Innovative ideas and products are increasingly being developed by local companies in emerging nations and marketed worldwide. Corporations from China and India in particular have flourished by developing what Christensen (1997) has characterized as...
Global Innovators from Emerging Markets
There's never been a better time for innovators from emerging markets. Whether you're an agribusiness giant in Brazil, a software entrepreneur in Mumbai, or a contract manufacturer in Taiwan, the need--and opportunity--for emerging-market innovators...
Innovation Culture
Culture matters. From marketing to manufacturing, culture shapes every aspect of business; corporate culture and its discontents are the topic of any number of studies, and countless consultant dollars have been spent in the quest to design and build...
Innovation in Emerging Markets
Creativity and innovation remain serious concerns for most companies. But there are differences in opinion as to the best road through the challenges that lay ahead. How does organizational culture promote creativity? How can individual creativity...
Innovation in Emerging Markets: An Interview with G. N. Bajpai: G. N. Bajpai Talks to James Euchner about the Drivers of Innovation in Emerging Markets
Innovation in emerging markets is driven by a different mindset than is traditional in developed markets. According to G. N. Bajpai, innovation in India is driven by a singular focus on hitting price points that will drive the creation of markets....
IRI Announces New Research-on-Research Working Groups
The Industrial Research Institute has announced the inception of four new Research-on-Research (ROR) Working Groups. These groups result directly from mind maps generated during an extensive group brainstorm at IRI's 2011 Xchange meeting in Coral Gables,...
IRI Community Forum: What Are IRI Members Talking about? These Questions Were Recently Posed on IRI's Member Community Forum
Q: How do you determine how long to hold on to intellectual property (IP)? I am interested in learning how organizations determine when to keep intellectual property and when to give it up. What are the filters or questions you ask prior to making...
Managing in Emerging Markets
Over the past 20 years, I've worked in 11 of the 19 emerging markets Standard & Poor's has identified in Asia, the Middle East, and Latin America (S&P 2010). During that time, a number of technology companies have evolved from international...
R&D on the Fast Track to Globalization
Whether one calls it, a "polycentric" R&D strategy, a "multinodal" approach, or something else altogether, recent studies have made it clear: the globalization of R&D has begun. In a 2010 Ernst & Young survey of 1,050 company executives,...
R&D Strategies in Emerging Economies: Results from the McKinsey Global Survey
Economies such as China, India, and Brazil are emerging from the global recession with high expectations for growth, presenting global companies with new markets, ongoing access to lower costs, and unprecedented opportunities to broaden their research...
Strategic, Organizational, and Operational Challenges of Product Innovation in China: Chinese Firms Tend to Engage in a Narrower Range of New-Product Development Techniques and Activities Compared to Western Firms
In spite of growing interest among Western firms in doing business in China, we know very little about the new-product development (NPD) practices of Chinese firms. It is important for both Chinese and Western firms to understand the NPD practices...
The European Union Shoots for the Stars
As the U.S. space shuttle program winds down, leaving NASA's future murky, the European Union is also reexamining its future in space--and seeing a much brighter picture. In fact, Europe has embarked on a mission to boost its huge but not always successful...
The Rise of the Rest: Hotbeds of Innovation in Emerging Markets: The Rise of Emerging Markets Will Force Western Companies to Recognize New Competitors and Rethink Their Own Innovation Approaches
Conventional wisdom has long held that innovation is the strength of the West and that what gets developed in the West is modified and transferred to "the Rest." But the reality of recent years does not support this assumption. In point of fact, we're...