Suchergebnisse

Securing access to "lead markets" is generally regarded as a key driver for the increasing globalization of innovation since these are considered to be "early indicators" for emerging customer needs. Such markets, therefore, offer a good chance of uncertainty reduction for in the innovation process of firms. Lead markets are generally defined in terms of product segments within national boundaries and are thought to exist in economies with high per capita income, highly sophisticated markets and high international visibility. We argue that there is increasing evidence of lead market tendencies in certain emerging economies, e.g. India. Both domestic and foreign-owned firms there, in recent years, have produced several internationally acclaimed "frugal innovations" such as the Tata Nano or GE's handheld ECG machine Mac400. Using several examples we demonstrate that India seems to have emerged as a global hub for low-cost, frugal innovations. In this paper, we seek to crystallize the role of lead markets in globalization of R&D and identify the need for an update/extension to better reflect the changed ground realities. On the basis of emerging evidence we propose that sustained economic growth, voluminous markets, strong domestic technological capabilities, presence of foreign-owned R&D, and favorable government policies may be able to offset some of the disadvantages rooted in traditional deficiencies. Engaging a developing country lead market may be useful for firms in securing better access to markets at the bottom of the economic pyramid worldwide. -- globalization of innovation ; lead markets ; internationalization of R&D ; frugal innovations ; bottom of the pyramid

Indian firms lead the pack of emerging market investors in Germany, with about 188 subsidiaries providing employment to close to 23,500 people. This article provides an update on trends in Indian investment in Germany and examines the performance of Indian subsidiaries.

In Indian context

AbstractThis paper provides empirical evidence on the relationship between women's land ownership and nutritional outcomes in Nepal. Using three waves of the Nepal Demographic and Health Survey and employing a bounding technique by Oster, I estimate bounded treatment effects of land ownership. The results show that women's land ownership is associated with a reduction in the incidence of childhood underweight and stunting and an increase in women's body mass index. Additionally, I find the selection on unobservable characteristics has to be larger than the selection on observable characteristics to drive these estimates to zero, suggesting that land ownership credibly improves nutritional outcomes. Furthermore, heterogeneous results show that the negative association between land ownership and childhood nutritional status is more prominent in male children and children from the Brahmin caste. Similarly, the negative relationship between land ownership and underweight in women is more pronounced in women employed in agriculture and rural areas. While I argue that landownership improves nutrition, these estimates are sensitive to the assumptions made.