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Economist like other old media magazines needs to capture new markets to survive in the game. That's how they are going after it by feeding the glorious frenzy
by sushi 16y ago
Economist like other old media magazines needs to capture new markets to survive in the game. That's how they are going after it by feeding the glorious frenzy to the emerging economies so that they can advance their share in these countries.
There was nothing in the article that could prove that emerging economies are actually innovating. Just because some american companies have set up huge R&D centers doesn't mean innovation is happening here right NOW. But they are indeed betting on future by being in these markets and having solid presence here.
Pass on, you won't miss anything by not reading it.
Just another feel-good article for the BRIC netizens.
- nekopa 16y agoHow is this a feel-good article for BRIC people? I thought that it was an interesting article in that it pointed out a different mentality to innovation: rather than look at tech as the thing to innovate on, these countries are innovating around problems. For example, they talk about fighting piracy through constant iteration, which sounds like an excellent idea. Plus I am interested in studying their approach to traction, how to really rack up volume of users because each user doesn't have much money. I guess that there use/improvements in mobile money probably is a huge factor in this. I found a lot to contemplate in this article