Throughout the course of my career, I have been extremely fortunate to manage and lead innovation initiatives with companies in different parts of the world. One of the companies that I had been consulting for opened an Innovation Centre in India where it designs, tests and scales new business models that systematically address barriers to market growth.
Interestingly, they are not the only one doing so. Over the last decade or so, Asia has truly become the hotbed of innovation- a shift which is attracting global corporations to shift their innovation centres and R&D activities in Asia.
Leading companies around the world are leveraging Asia’s talent to develop new products and test business models that would drive future growth. Back in 2013, I had highlighted this trend in my book ‘Asia Incredible’ and in just five years the dynamics seem to have shifted to Asia completely