Ideatrotter: Disruptive 2.0 Intelligence

What Silicon Valley can and can’t teach emerging markets

Gulay Ozkan chats with Vivek Wadwha, Vice President of Innovation and Research at Singularity University about diversity, emerging markets, and the limitations of Silicon Valley’s culture.

#video #global #emerging #silicon valley

100 most innovative companies in the world

The United States may be the centre of the 21st century invention and ideas renaissance, but a new ranking shows Asia’s emerging markets are catching up.

#video #innovation #business model #global #emerging

The future of emerging markets

Are there speed bumps ahead for emerging markets? Economic growth in the BRICS has slowed and whilst there are cyclical reasons for this, there are more worrisome structural ones too.

#video #emerging #future #economics #government

How Emerging-Market Companies Should Expand

Krishna Palepu, Harvard Business School professor, uses Bharti Airtel to explain how companies from emerging markets can reach a global consumer base.

#video #Harvard #emerging #business model #strategy
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Why Visa Is a Tech Company at Heart

The credit giant, which runs more than 90 billion transactions a year, taps mobile technology to reach new, developing markets.

#video #technology #employment #growth #mobile #emerging

The Clean Technology and Renewables Market | Goldman Sachs

Stuart Bernstein, global head of the Clean Technology and Renewables Group in our Investment Banking Division, discusses opportunities and challenges facing the clean tech market today, and the role that financial institutions like Goldman Sachs are playing to develop this “emerging” market.

#video #green #energy #cleantech #emerging
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The BRICS have historically been a very entrepreneurial region; if you visit China, India or Brazil, it is filled with mom and pop shops lined up next to each other, selling their own assortment of products and paraphanelia. Even when they immigrate to developed markets like the US and UK, they usually take up a job only to save up enough money to launch their own venture, may it be a store or restaurant. The reason why we dont hear about these entrepreneurs is because their ideas have been tried, tested and delivered by thousands of people. Innovative entrepreneurship receives the most buzz and is becoming more surgent in this region than ever before.

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Networking events, incubator programs and support groups are cropping up constantly, providing new industry insight and trying to help entrepreneurs get their startups off the ground. These seem to be the tools entrepreneurs flock to in these regions because non-conventional education, as a concept, has not taken off. Emerging markets have not traditionally enjoyed the same economics as developed markets and, therefore, follow a different set of rules. However, the norms have and are changing everyday, now that information is widespread and readily available, thanks to the internet. Venture Beat’s new article by Vivek Wadhwa, “Why the next Mark Zuckerberg may come from Brazil”, provides insight into why we should look to these regions to discover the next big idea. 

#emerging #startups #entrepreneur #gamechanger #innovation

Replicate

Kunal Bahl, like many foreign residents in the US, was facing visa issues to allow him to stay and pursue employment. But as history has shown, the biggest breakthroughs do not always come in their golden egg form. This so-called “obstacle” allowed Kunal to return back to India and start Snap Deal, India’s Groupon. Today, Kunal is in the unique position of creating jobs at his age instead of trying to climb up the traditional corporate ladder. 

Snapdeal

We should recognize the opportunities that currently exist instead of joining the band wagon of misguided followers. The emerging markets seem to provide very attractive opportunities in, not only creating an untapped market share, but more flexible and attractive funding options. Nations such as India and China represent closed to a third of the world’s total land mass; lands where glocalization can work wonders.

Along with providing a new pool of customers, these markets are actively working at retaining their existing entrepreneurial talent by providing attractive options not easily found otherwise. Singapore is providing its entrepreneurs four dollars for every dollar they raise. Canada and India’s governments provide incentives via government subsidies in certain sectors. Meetings to secure seed funding via rounds of multiple painful presentations and interviews are more casual and less restrictive in nature in the east.

Therefore, while the maximum initial returns are secured in untapped fields of innovation, let’s not forget that replication has equal opportunity if we remove our blinders.

Nimay Parekh

#entrepreneur #emerging #replicate
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