George S. Yip
Professor of Marketing and Strategy, Associate Dean, Executive MBA, Imperial College Business School
Tuesday, 28 November 18.30 , 19.00 Presentation, 20.15 Networking, 21.00 Finish
London Capital Club, 15 Abchurch Lane, London, EC4N 7BW
£25 Club Members, £40 Non-members and Guests
While China has long had a reputation for imitation, it is now entering a new phase as Chinese companies move aggressively to a strategy of innovation. Driven by both domestic needs and by global ambition, China is establishing itself at the forefront of technological innovation.
China is already the world’s largest exporter and exports have continued to grow despite widespread predictions that rising costs for Chinese labour and a currency that has increased nearly 20 percent against the dollar in the last decade would cause China to lose market share to cheaper competitors. This event on Innovation in China is for everyone who does business with, or in, China or who is interested in the development of the world's fastest-growing economy.
Professor George S. Yip will outline the conclusions of a four-year programme of research conducted by the CEIBS Centre on China Innovation during which hundreds of R&D and innovation-related executives at dozens of Chinese and foreign companies were interviewed. It will cover
• The three phases in the evolution of the innovation capabilities of Chinese firms
• Characteristics of China’s environment that foster innovation, both on the supply and the demand side
• The specific nature of Chinese companies’ approach to innovation and the factors driving their foreign expansion
• The stages in MNCs’ R&D strategies in China and the evolving significance of China as a base for innovation.
• The imperative for MNCs to participate in the Chinese national innovation system, not only for China but also for the world.
• How foreign companies can overcome the challenges of conducting innovation in China
• Leadership and strategy lessons foreign companies could learn from China
George S. Yip is Professor of Marketing and Strategy and Associate Dean, Executive MBA at Imperial College Business School. Previously he held various academic and business positions, including Professor of Strategy and Co-Director of the Centre on China Innovation at China Europe International Business School; Dean of Rotterdam School of Management; Vice President and Director of Research & Innovation at Capgemini Consulting, senior manager at Price Waterhouse (USA), as well as positions with Harvard, UCLA, Cambridge Judge and the London Business School. Editorial Advisory Boards of California Management Review and MIT Sloan Management Review and various board roles. He is the author of numerous books – the latest being China’s Next Strategic Advantage: From Imitation to ,and over 100 publications and 8,000 citations, including in Strategic Management Journal, Harvard Business Review, MIT Sloan Management Review and California Management Review. Harvard MBA 1976 and DBA1980.
Drinks and canapes will be served. Guests welcome.
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