When people asked me why I was moving to Asia, my response was simple: I'm in the innovation field, so I'm following the action.
One Silicon Valley venture capitalist questioned my decision. "I'm willing to bet that 90 percent of the game-changing companies that emerge over the next decade will come from within a 10 mile radius of where I am sitting right now," he said.
Not an unreasonable perspective. Two-thirds of the 139 companies that made the most recent "Most Innovative" lists from Fast Company, BusinessWeek, Technology Review, and the World Economic Forum, hail from the United States. Further, many of the large companies in Asia owe their success not to innovation but to taking advantage of natural resources, or leveraging low input costs to offer cost-competitive "me too" solutions.
To read the full, original article click on this link: The Asian Innovation Century? - Scott Anthony - Harvard Business Review
Author: Scott Anthony
