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1 Business and Economic Horizons

1 2010

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Emerging markets and innovation: A partnership for global progress

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Sara T. , Jackson F. H.

Business and Economic Horizons

2010

tom 2

nr 2

1-6

The purpose of this paper is to briefly discuss the role innovation plays in global competition and discuss how companies from some of the emerging markets are using innovation to compete with global companies from the developed world. Innovation is linked to the marketing concept as a driver for developing new products, services, and/or delivery systems. As global borders disappear, and training and education along with trade freedom increase, the opportunity for innovation increases. This writing offers a forward look into the global possibilities of emerging market innovation.