Outsourcing Innovation

In: Business and Management

Submitted By elmasterjflo
Words 963
Pages 4
Innovation is the driving force for the advancement of technology, and always has been. But where does innovation come from? It comes from within, as it is highly dependent on one of the most basic facets of human nature, being unsatisfied with current situations. We, as human beings, are never truly satisfied, and this has led us to better ourselves and to innovate, and will continue to lead us to innovate in the future. The quote “Everything that can be invented, has been invented” (attributed to Charles Duell) couldn’t be more wrong. Dr. Kumar, a professor at London Business School makes a few interesting points on the topic of innovation, but more specifically, outsourcing innovation. While India has made a splash in the information technology aspect of business, it is becoming increasingly clear that India is starting to innovate in the management side of things. Therefore, India is destined to also become a global leader in both management and management innovation. Manufacturing isn’t the only thing that foreign countries have to offer US companies anymore. Kumar talks about four different kinds of “invisible” innovation (innovation not usually seen by consumers) coming from India. The first kind is known as Business to Business innovation, also known as B2B. These products are inventions made by businesses in their research & development departments. R&D projects in India have been shown to be as competent as American R&D projects, therefore debunking the myth that Indian R&D is of a lesser quality. This is shown by forward citations on patents:
“What we find is that the data says that the number of forward citations of a patent filed out of a U.S. R&D subsidiary is identical to the number of forward citations of a patent filed by an Indian subsidiary of the same company within that company. So within the company, there's no…...

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