Accelerated innovation: : The new challenge from China
中国公司通过加速创新,即重新设计研发流程以大幅缩短新产品开发时间和降低成本,在全球竞争中开辟新战线,这有助于将创新产品更快推向主流市场。
Chinese companies are opening up a new front in global competition. It centers on what the authors call accelerated innovation - that is, reengineering research and development and innovation processes to make new product development dramatically faster and less costly. The new emphasis is unlikely to generate stunning technological breakthroughs, but it allows Chinese competitors to reduce the time it takes to bring innovative products and services to mainstream markets. It also represents a different way of deploying Chinese cost and volume advantages in global competition.