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From Home-Country to Host-Country: The Rise of Emerging Economies in Multinational R&D Networks and Its Impact on the Global Innovation Landscape

Seminar

Speakers

LIANG, Zheng, Tsinghua University
Henry S. Rowen, Stanford Graduate School of Business

Date and Time

May 21, 2012 4:15 PM - 5:15 PM

Availability

RSVP

RSVP required by 5PM May 20.

Location

E103, Faculty Building East, Knight Management Center, Stanford Graduate School of Business, 655 Knight Way, Stanford, CA 94305-7298

FSI Contact

About the talk

Emerging economies such as China and India have become “hotspots” of multinational R&D investments. As some observers have argued, some unique products/services are first developed in and for emerging markets, then subsequently introduced to advanced markets. This is named “reverse innovation” and proclaimed to bring great challenges for existing industrial dominators (Immelt, Govindarajan & Trimble, 2009). If true, what would be its impact on multinational global R&D strategies and organizations? What kind of capabilities and mechanism should be developed to respond this change?

Based on case studies in China, Dr. Liang will discuss three new types of multinationals’ R&D units abroad. All of them are host-country-based instead of home-country-based, which indicates the latest change of multinational global R&D distribution. Furthermore, the talk will also explore the global R&D strategy and innovation pattern of Chinese home-grown companies such as Huawei and ZTE, and the relationship between multinationals’ R&D relocation in China, as well as their implications on global innovation landscape.

About the speaker

Dr. LIANG Zheng is currently working at the MIT Industrial Performance Center (IPC) as the Fulbright Visiting Research Scholar. Presently he is carrying out research projects on multinationals’ global R&D network expansion and integration, as well as the internationalization of new industrial leaders from emerging economies. He serves as the associate professor of the School of Public Policy and Management, Tsinghua University, as well as the research fellow and assistant director of China Institute for Science & Technology Policy at Tsinghua University (CISTP), which is jointly established by Ministry of Science and Technology of China and Tsinghua University, mainly focusing on the studies of S&T policy and the national strategy of S&T development. Before joining Tsinghua University, Dr. Liang served as the associate professor of the International Business School in Nankai University. He got his doctor’s degree of economics at Nankai University (2003) and accomplished the senior executive training program on leadership at Kennedy School of Government, Harvard University (2010). The main areas of his research focus on globalization of R&D, IPRs and standardization and the National Innovation System. Dr. Liang has also participated in some of China’s key research projects such as the Strategic Research for National Medium and Long Term Science and Technology Development Program.