Leaders@Work

Reverse innovation: Why poor countries are leading the way


 

Ravi Ramamurti and his co-author Vijay Govindarajan, the Coxe Distinguished Professor at Dartmouth’s Tuck School of Business, were awarded the inaugural Strategic Management Society’s 2017 Global Strategy Journal Best Paper Award for their article, “Reverse innovation, emerging markets, and global strategy.”

In this video, Ramamurti examines the findings of the article and his study of “reverse innovation,” which occurs when innovations are adopted in poor countries before being adopted in rich countries. He identifies the power of innovation that comes out of necessity and resilience in emerging markets and how countries like the U.S. can learn from these creative solutions.

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