Innovation is relatively new to Asia. Effective management of innovation is scarce in Asia. Until recently, innovation in Asia was a subject that commanded almost no attention. The region was booming; there were lots of investments in facilities and infrastructure. The ‘tiger economies’ were considered to be the new model of growth.
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- For a good discussion on this, see Can East Asia Compete? by Shahid Yusuf and Simon J. Evenett, co-published by the World Bank and Oxford University Press, 2002.Google Scholar
- Hobday M., 1995, Innovation in East Asia: The Challenge to Japan, Edward Elgar, London.Google Scholar
- Zeng M. and Williamson P.W., 2003, The Hidden Dragons, Harvard Business Review, 81(10): 92–9.Google Scholar