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Innovation Lessons From China

June 17, 2014 | Edward S. Steinfeld, Troels Beltoft | Workplace, Teams, & Culture

China is becoming the best place to learn how to make ideas commercially viable, even as many multinational companies are growing increasingly wary of doing business there because of concerns about unfair competition and theft of intellectual property. Chinese companies excel at cost reduction, accelerated product development and networked production — and know how to assess what they can do and quickly find partners to fill the gaps.

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