From Home-Country to Host-Country: The Rise of Emerging Economies in Multinational R&D Networks and Its Impact on the Global Innovation Landscape
About the talk
Emerging economies such as China and India have become “hotspots” of multinational R&D investments. As some observers have argued, some unique products/services are first developed in and for emerging markets, then subsequently introduced to advanced markets. This is named “reverse innovation” and proclaimed to bring great challenges for existing industrial dominators (Immelt, Govindarajan & Trimble, 2009). If true, what would be its impact on multinational global R&D strategies and organizations? What kind of capabilities and mechanism should be developed to respond this change?
Based on case studies in China, Dr. Liang will discuss three new types of multinationals’ R&D units abroad. All of them are host-country-based instead of home-country-based, which indicates the latest change of multinational global R&D distribution. Furthermore, the talk will also explore the global R&D strategy and innovation pattern of Chinese home-grown companies such as Huawei and ZTE, and the relationship between multinationals’ R&D relocation in China, as well as their implications on global innovation landscape.
About the speaker
Dr. LIANG Zheng is currently working at the MIT Industrial Performance Center (IPC) as the Fulbright Visiting Research Scholar. Presently he is carrying out research projects on multinationals’ global R&D network expansion and integration, as well as the internationalization of new industrial leaders from emerging economies. He serves as the associate professor of the School of Public Policy and Management, Tsinghua University, as well as the research fellow and assistant director of China Institute for Science & Technology Policy at Tsinghua University (CISTP), which is jointly established by Ministry of Science and Technology of China and Tsinghua University, mainly focusing on the studies of S&T policy and the national strategy of S&T development. Before joining Tsinghua University, Dr. Liang served as the associate professor of the International Business School in Nankai University. He got his doctor’s degree of economics at Nankai University (2003) and accomplished the senior executive training program on leadership at Kennedy School of Government, Harvard University (2010). The main areas of his research focus on globalization of R&D, IPRs and standardization and the National Innovation System. Dr. Liang has also participated in some of China’s key research projects such as the Strategic Research for National Medium and Long Term Science and Technology Development Program.
E103, Faculty Building East, Knight Management Center, Stanford Graduate School of Business, 655 Knight Way, Stanford, CA 94305-7298
Henry S. Rowen
Henry S. Rowen was a senior fellow at the Hoover Institution, a professor of public policy and management emeritus at Stanford University's Graduate School of Business, and a senior fellow emeritus of the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC). Rowen was an expert on international security, economic development, and high tech industries in the United States and Asia. His most current research focused on the rise of Asia in high technologies.
In 2004 and 2005, Rowen served on the Presidential Commission on the Intelligence of the United States Regarding Weapons of Mass Destruction. From 2001 to 2004, he served on the Secretary of Defense Policy Advisory Board. Rowen was assistant secretary of defense for international security affairs in the U.S. Department of Defense from 1989 to 1991. He was also chairman of the National Intelligence Council from 1981 to 1983. Rowen served as president of the RAND Corporation from 1967 to 1972, and was assistant director of the U.S. Bureau of the Budget from 1965 to 1966.
Rowen most recently co-edited Greater China's Quest for Innovation (Shorenstein APARC, 2008). He also co-edited Making IT: The Rise of Asia in High Tech (Stanford University Press, 2006) and The Silicon Valley Edge: A Habitat for Innovation and Entrepreneurship (2000). Rowen's other books include Prospects for Peace in South Asia (edited with Rafiq Dossani) and Behind East Asian Growth: The Political and Social Foundations of Prosperity (1998). Among his articles are "The Short March: China's Road to Democracy," in National Interest (1996); "Inchon in the Desert: My Rejected Plan," in National Interest (1995); and "The Tide underneath the 'Third Wave,'" in Journal of Democracy (1995).
Born in Boston in 1925, Rowen earned a bachelors degree in industrial management from the Massachusetts Institute of Technology in 1949 and a masters in economics from Oxford University in 1955.
