Although corporate leaders have long recognized the competitive benefits that accrue from adopting flexible supply chain management and production systems, few have even begun to implement strategies designed to deliver the equivalent agility and flexibility to their global innovation activities. Most are stuck in a paradigm where innovation is located in “brick-and-mortar” R&D sites, when what is needed is an adaptive, globally dispersed capability to access critical knowledge from different markets, industries and emerging innovation hot spots.
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