Reverse Innovation Explained!
Prof. Vijay Govindarajan has been writing about Reverse Innovation for quite a few years. His last book ‘Reverse Innovation: Create Far from Home, Win Elsewhere’ (written with Chris Trimble) has won fabulous reviews. An important concept explained very well in this talk.
Put simply, Reverse innovation is a term referring to an innovation seen first, or likely to be used first, in the developing world before spreading to the industrialized world.
The talk is long but worth your while.
Visual courtesy : https://www.flickr.com/photos/marciookabe/