China and the Copycat Economy - 0 views
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Pranesh Prakash on 24 Aug 10"Oded Shenkar, Professor of Business at Ohio State University, has written widely on the Chinese economy, notably in his acclaimed book "The Chinese Century" (2004). He has argued that China has been one of the main drivers and a primary beneficiary of the emergence of a 'copycat economy', where imitators increasingly win over innovators in capturing economic value. It's a subject he explores further in his new book, "Copycats: How Smart Companies Use Imitation to Gain Strategic Edge" (Harvard Business Press). In this talk, he will discuss whether Chinese businesses will, in the coming years, succeed in adding innovation to their repertoire, and whether this could result in a hybrid imitation/ innovation formula which will enable them to trump the competitive advantage of the world's major multinationals - or whether these multinationals will respond by learning the art of imitation themselves. Edwin Chan of the Harvard Design School and Tony Chen of Jones Day in Shanghai will also join in the debate on innovation and imitation in China. Moderated by Russell Flannery, Shanghai Bureau Chief of Forbes magazine."