Reverse innovation is an innovation that is first adopted…
“Reverse innovation is an innovation that is first adopted in developing markets and flows uphill to mature markets. This concept directs forward-looking companies to look beyond industrialized nations to draw new ideas, products, and processes from emerging economies.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Companies should look to emerging markets for fresh ideas that can later succeed in developed economies.
In simple terms: Innovation can flow from developing to developed markets.
Seek ideas abroad.
Themes
Mood
Type
When to use this quote
- product development
- marketing strategy
- R&D
- policy making
Key Concepts
Questions to Reflect On
- What emerging market trends could inspire your industry?
- How will you adapt a foreign concept locally?
Adopting foreign ideas may face cultural resistance or regulatory hurdles.