What is it about?
The economic benefits of reverse innovation are intuitively compelling, but this new innovation strategy presents several challenges to established firms, ranging from fears of product cannibalization to not-invented-here syndrome. French ophthalmic lens maker Essilor has experimented with reverse innovation over several projects; an examination of its experiences suggests how the specific challenges of reverse innovation may be anticipated and overcome to allow companies to better leverage the results of their global innovation efforts.
Photo by Alex wong on Unsplash
Read the Original
This page is a summary of: Avoiding the Pitfalls of Reverse Innovation, Research-Technology Management, April 2017, Taylor & Francis, DOI: 10.1080/08956308.2017.1301002.
You can read the full text:
The following have contributed to this page