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Scenarios to Collaborate with Emerging Markets: Initial Focus India

  • Myrna Flores
  • Mathew Cherian
  • Luca Canetta
Part of the IFIP – The International Federation for Information Processing book series (IFIPAICT, volume 283)

Due to competitive pressures in the global business arena, multinational firms have started to migrate to low-cost sources of labour and materials, which are typically located in countries that also represent emerging market opportunities. In the recent years, SME’s are also interested in doing business in emerging markets, which represents a bigger effort and risk for them as they have less resources and time to recognize possible ways to start new successful collaborations with these countries and surpass the obstacles that they may encounter when creating new collaborative environments. These collaborations not only imply business opportunities to reduce operative costs or introduce products to those markets, but also innovation opportunities with Universities and Research Centres. Therefore, the objective of this paper is to present different scenarios to support firms to define collaboration strategies to develop new business and innovation opportunities in emerging markets and identify potential risks supporting them to develop new successful partnerships in their current value chain. For each scenario, main potential benefits, risks and critical success factors have been identified.

Keywords

Swiss Federal Institute Critical Success Factor Scenario Planning Swiss Company Sustainable Innovation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© International Federation for Information Processing 2008

Authors and Affiliations

  • Myrna Flores
    • 1
  • Mathew Cherian
    • 2
  • Luca Canetta
    • 3
  1. 1.Lausanne (EPFL)Swiss MTO Network - Swiss Federal Institute of TechnologySwitzerland
  2. 2.Department of Management StudiesIndian Institute of Technology MadrasIndia
  3. 3.Department of Technology and Innovation, Institute CIM for Sustainable Innovation (ICIMSI) & Swiss Federal Institute of Technology, Lausanne (EPFL)University of Applied Sciences of Southern Switzerland (SUPSI)Switzerland

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