Innovation Spaces in Asia
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Innovation Spaces in Asia

Entrepreneurs, Multinational Enterprises and Policy

Edited by Maureen McKelvey and Sharmistha Bagchi-Sen

Innovation Spaces in Asia provides insight into how and why Asia is poised to impact global innovation. Asia is undergoing rapid developments in markets, sources of technology and user preferences. A key characteristic of the book is the rich empirical understanding of the dynamic processes, involving the strategic decisions of firms and entrepreneurs with the broader socio-economic environment in terms of institutions, markets, knowledge and innovation systems. Innovation spaces are analyzed within Asian countries and firms, from Asia to the world, and from the world to Asian countries.
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Chapter 18: Conclusions

Maureen McKelvey and Sharmistha Bagchi-Sen


This book, Innovation Spaces in Asia: Entrepreneurs, Multinational Enterprises and Policy, provides insight into a timely topic. Asia is posed to have a major impact upon global innovation processes and outcomes. The underlying proposition of this book can be summarized as follows: Asia is currently and will continue to impact innovation in the future. The ongoing trends will become a force for global change that will affect the direction and rate of future business innovation to deliver relevant services and products, globally. The rise of new business opportunities in Asia is also impacting social and business innovation, and thereby also impacting firm strategy and public policy in many other countries. This book contributes to the literature by analyzing: (1) various aspects of “how” and “where” of innovation in Asia; (2) how and why doing business in Asia involves new challenges, such as entrepreneurship, the rise of competition from homegrown multinationals and an increase in customer demands; and (3) how firms are navigating this new geographical context that is not only dynamic and complex but also has characteristics and emerging trends which may be different from the national contexts within which Western multinationals emerged and operate.

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