TY - BOOK AU - Yip,George S. AU - McKern,Bruce TI - China's next strategic advantage: from imitation to innovation SN - 9780262034586 (hardcover : alk. paper) AV - HC 430 Y51c 2016 U1 - 338/.0640951 PY - 2016/// CY - Cambridge, Massachusetts PB - The MIT Press KW - Technological innovations KW - Economic aspects KW - China KW - Innovaciones tecnológicas KW - Aspectos económicos KW - International business enterprises KW - Empresas comerciales internacionales KW - Leadership KW - Liderazgo N1 - Includes bibliographical references (pages 255-280) and index; Acknowledgments -- China's drive for innovation -- How chinese companies innovate -- What's different about Chinese innovation? -- How multinational companies innovate in China (with Dominique Jolly) -- How multinationals can organize for innovation in China -- Open innovation in China (with Yongqin Zeng) -- Protecting intellectual property in China : legal provisions and strategic recommendations (with Maja Schmitt) -- Leadership lessons from China (with Lin Xu and Yi Ta Chng) -- About the authors -- Notes -- Selected bibliography -- Index N2 - The history-making development of the Chinese economy has entered a new phase. China is moving aggressively from a strategy of imitation to one of innovation. Driven both by domestic needs and by global ambition, China is establishing itself at the forefront of technological innovation. Western businesses need to prepare for a tidal wave of innovation from China that is about to hit Western markets, and Chinese businesses need to understand the critical importance of innovation in their future. Experts George Yip and Bruce McKern explain this epic transformation and propose strategies for both Western and Chinese companies. This book is for everyone who does business with China or in China, or is interested in the development of the world's fastest-growing economy. Western CEOs can learn from Chinese companies and can create an effective innovation process in China, for China and the world. Chinese CEOs can benefit from understanding the strategies of their peers as they strive to enter foreign markets. And all Western businesses should prepare for disruption from their new competitors. Yip and McKern provide case studies of successful firms, outline ten ways in which the managerial and innovative capabilities of these firms differ from those of Western firms, and describe how multinationals doing business in China can become part of the Chinese ecosystem of new knowledge and technology. Yip and McKern argue that these innovation capabilities will be the basis for creating world-class products and services to meet the challenges of a new era of global competition ER -