1. China catches the wave of innovation: Clever approaches to launching new products.
- Subjects
TECHNOLOGICAL innovations ,MPEG (Video coding standard) ,DVD media ,VIDEO CDs ,ECONOMIC conditions in China, 2000- ,DEVELOPED countries ,ECONOMIC conditions in developing countries ,VIDEO distributors ,PRODUCT launches - Abstract
The article focuses on the integration of technological innovations in the market economy of China. It cites various technological developments in the country, including the video compact disc (VCD) players, MPEG-1 technology for video distribution and DVD technologies. It states that the progress in the VCD player industry in the country has offered an opportunity to examine various principles related to the innovations among catching-up countries. It adds that the companies in the developing countries may benefit from the way their industry is neglected by the developed countries in terms of product launches.
- Published
- 2010
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