Phil Spencer
23rd June 2010, 08:15 PM
I copied this off a blog
INVENTED IN CHINDIA<o></o>
<o></o>
In this new era of globalization, nations and regions are engaged in a war of ideas and innovation in the pursuit of wealth. Whoever makes things better, cheaper, faster _ will win! It takes innovative thinking to stay ahead. <o></o>
<o></o>
Everyone is familiar with the label, "Made in China" and the expression, "Chinese copy". But when will the phrase "Invented in China" become significant? <o></o>
<o></o>
China is already the world’s largest manufacturer of consumer goods.<o></o>
New Chinese innovations are already brewing, fuelled by their burgeoning, motivated and upwardly mobile middle-class.<o></o>
<o></o>
In the short-sighted drive for short-term profits, American companies are selling off their own proprietary knowledge to China because that is being demanded by the far-sighted Chinese as part of the low price of manufacturing in China. <o></o>
<o></o>
It won’t be long before China leapfrogs, and responds with their own innovations. They have a clear awareness of the need, and are targeting strategic technology arenas - clean tech, bio-tech, information and communications technologies. The level of Chinese investment in R&D is expected to overtake that of the US within the next decade. Now even capitalistic American companies have started to invest heavily in Chinese R&D operations.<o></o>
<o></o>
India, already well known for providing low-cost engineering services, is now ramping up in raw R&D. Major companies like IBM, Microsoft, HP and Oracle, as well as automation companies like Honeywell, Rockwell, Emerson and GE, are developing technologies at Indian subsidiaries.<o></o>
Indian software development companies like Infosys, Wipro and others are now shifting their focus to their own innovations. <o></o>
<o></o>
Meantime, Indian companies recognize the value of innovation, and are quickly ramping up their own new technologies. Many international start-ups are now using Indian development teams in their business plans. Success begets success, and before long, India too will start selling their innovations to America, Europe and the rest of the world. <o></o>
<o></o>
In the 1950_s Japan was known for cheap consumer products. In just a few decades they outstripped the Europeans, and their GDP Is now second only to that of the US.<o></o>
<o></o>
300 years ago, China and India represented over 50% of the world's wealth; today they are now re-emerging as world leaders. India became independent in 1947, and the New People's Republic of China was established at about the same time (1949). <o></o>
<o></o>
Now, while the West continues to languish, China and India (or "Chindia", as some call the two neighbouring countries) continue to grow at annual rates of about 10%. Representing 40% of the world’s population they will, within another 30-40 years, clearly rank #2 and #3 (after the USA) in the world GDP rankings.<o></o>
Their own innovations will lead the way.<o></o>
<o></o>
Selling China Innovation Assets For Short-Term Profits: <o></o>
Selling China Long-Term Innovation Assets For Short-Term Profits: Not a Good Strategy - BusinessWeek (http://tinyurl.com/2d4vrqd)<o></o>
<o></o>
High-tech industry in China, competing against the world:<o></o>
The high-tech industry in China, competing against the world (http://tinyurl.com/2c8hzrw)<o></o>
<o></o>
Invented In India:<o></o>
Invented In India -- India -- InformationWeek (http://tinyurl.com/2a2nv2e)<o></o>
<o></o>
Chindia - Crouching tiger hidden dragon:<o></o>
Growth & Success eNews No. 189, 24 August 2005 (http://www.jimpinto.com/enews/aug24-2005.html#1)<o></o>
<o></o>
<o>
</o>
INVENTED IN CHINDIA<o></o>
<o></o>
In this new era of globalization, nations and regions are engaged in a war of ideas and innovation in the pursuit of wealth. Whoever makes things better, cheaper, faster _ will win! It takes innovative thinking to stay ahead. <o></o>
<o></o>
Everyone is familiar with the label, "Made in China" and the expression, "Chinese copy". But when will the phrase "Invented in China" become significant? <o></o>
<o></o>
China is already the world’s largest manufacturer of consumer goods.<o></o>
New Chinese innovations are already brewing, fuelled by their burgeoning, motivated and upwardly mobile middle-class.<o></o>
<o></o>
In the short-sighted drive for short-term profits, American companies are selling off their own proprietary knowledge to China because that is being demanded by the far-sighted Chinese as part of the low price of manufacturing in China. <o></o>
<o></o>
It won’t be long before China leapfrogs, and responds with their own innovations. They have a clear awareness of the need, and are targeting strategic technology arenas - clean tech, bio-tech, information and communications technologies. The level of Chinese investment in R&D is expected to overtake that of the US within the next decade. Now even capitalistic American companies have started to invest heavily in Chinese R&D operations.<o></o>
<o></o>
India, already well known for providing low-cost engineering services, is now ramping up in raw R&D. Major companies like IBM, Microsoft, HP and Oracle, as well as automation companies like Honeywell, Rockwell, Emerson and GE, are developing technologies at Indian subsidiaries.<o></o>
Indian software development companies like Infosys, Wipro and others are now shifting their focus to their own innovations. <o></o>
<o></o>
Meantime, Indian companies recognize the value of innovation, and are quickly ramping up their own new technologies. Many international start-ups are now using Indian development teams in their business plans. Success begets success, and before long, India too will start selling their innovations to America, Europe and the rest of the world. <o></o>
<o></o>
In the 1950_s Japan was known for cheap consumer products. In just a few decades they outstripped the Europeans, and their GDP Is now second only to that of the US.<o></o>
<o></o>
300 years ago, China and India represented over 50% of the world's wealth; today they are now re-emerging as world leaders. India became independent in 1947, and the New People's Republic of China was established at about the same time (1949). <o></o>
<o></o>
Now, while the West continues to languish, China and India (or "Chindia", as some call the two neighbouring countries) continue to grow at annual rates of about 10%. Representing 40% of the world’s population they will, within another 30-40 years, clearly rank #2 and #3 (after the USA) in the world GDP rankings.<o></o>
Their own innovations will lead the way.<o></o>
<o></o>
Selling China Innovation Assets For Short-Term Profits: <o></o>
Selling China Long-Term Innovation Assets For Short-Term Profits: Not a Good Strategy - BusinessWeek (http://tinyurl.com/2d4vrqd)<o></o>
<o></o>
High-tech industry in China, competing against the world:<o></o>
The high-tech industry in China, competing against the world (http://tinyurl.com/2c8hzrw)<o></o>
<o></o>
Invented In India:<o></o>
Invented In India -- India -- InformationWeek (http://tinyurl.com/2a2nv2e)<o></o>
<o></o>
Chindia - Crouching tiger hidden dragon:<o></o>
Growth & Success eNews No. 189, 24 August 2005 (http://www.jimpinto.com/enews/aug24-2005.html#1)<o></o>
<o></o>
<o>
</o>