Monday Morning Must Read <\/a>catalyzed a lot of stuff I had been reading and thinking related to innovation and China. I\u00e2\u20ac\u2122m going to make a little prediction (the good thing about dramatic prognostication is that if you\u00e2\u20ac\u2122re right you get you say I told you so, but if you\u00e2\u20ac\u2122re wrong no one will remember). China will never innovate.<\/p>\nChina has positioned itself as a fast-follower rather than a trail-blazer\u00e2\u20ac\u201dpartnering with GM and hiring retired Japanese business leaders, assimilating their industry knowledge and then going it alone. As a fast-follower China will continue leaving the risk of innovation to others, and then execute those innovations cheaper and faster than the innovators can. As a strategy this makes enormous sense, and seems to be working rather well. <\/p>\n
Porter tells us that you cannot adopt two positions simultaneously. So, since China has already committed to the fast-follower position, they will by choice not innovate. <\/p>\n
Companies make this choice all the time. Indeed, many are quite successful at either buying their innovation through M&As, for example. So why can\u00e2\u20ac\u2122t a whole, politically monolithic, country do the same? <\/p>\n","protected":false},"excerpt":{"rendered":"
This week\u00e2\u20ac\u2122s Monday Morning Must Read catalyzed a lot of stuff I had been reading and thinking related to innovation and China. I\u00e2\u20ac\u2122m going to make a little prediction (the good thing about dramatic prognostication is that if you\u00e2\u20ac\u2122re right you get you say I told you so, but if you\u00e2\u20ac\u2122re wrong no one will […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[6],"tags":[],"class_list":["post-79","post","type-post","status-publish","format-standard","hentry","category-old"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/parCYG-1h","_links":{"self":[{"href":"http:\/\/www.scoobr.com\/niblettes_old\/wp-json\/wp\/v2\/posts\/79","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.scoobr.com\/niblettes_old\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.scoobr.com\/niblettes_old\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.scoobr.com\/niblettes_old\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.scoobr.com\/niblettes_old\/wp-json\/wp\/v2\/comments?post=79"}],"version-history":[{"count":1,"href":"http:\/\/www.scoobr.com\/niblettes_old\/wp-json\/wp\/v2\/posts\/79\/revisions"}],"predecessor-version":[{"id":424,"href":"http:\/\/www.scoobr.com\/niblettes_old\/wp-json\/wp\/v2\/posts\/79\/revisions\/424"}],"wp:attachment":[{"href":"http:\/\/www.scoobr.com\/niblettes_old\/wp-json\/wp\/v2\/media?parent=79"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.scoobr.com\/niblettes_old\/wp-json\/wp\/v2\/categories?post=79"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.scoobr.com\/niblettes_old\/wp-json\/wp\/v2\/tags?post=79"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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<\/p>\n