A decade ago, China would be dismissed as global technology and innovation hub. However, there has been a dramatic change over this time, and especially over the past five years. Just some data to consider comparing China’s technology sector to the USA:
Category: Countries, Cities, Globalisation
Is India a Global Economic Superpower?
The Request for a Column Last month I received an urgent email from an Indian business magazine asking me to write an article on “India’s forward march as a Global Economic Superpower”. I wrote back: On your column, please excuse me as I do not agree with the premise of the title. I do not…
Is the ICICI Governance Problem Systemic?
The blog post on ICICI governance, despite appearing previously on the Bloomberg Quint website, was rather popular (30,000 views) when reposted on LinkedIn. Readers really engaged with it by offering several comments on how to improve corporate governance – Thank you. In this post, I would like to share some of the comments with my…
Five Lessons from 2017, with questions for 2018 and beyond
Let me start by wishing everyone Happy New Year! I was delighted at the traction that the blog has gained over the year. During 2017, I wrote thirty posts. The four most popular were:
Is Sustainability a Business Challenge?
The Challenge to the Planet The world population is expected to grow from the 7.5 billion currently (5 billion in 1987) to 10 billion by 2050. This increase is driven by a combination of enhanced life expectancy and high birth rates. While the former has been a global phenomenon, the latter is restricted to the…
Do Global Brands Create Value?
My co-author and friend of many years, Professor Jan-Benedict Steenkamp, mailed me a complimentary copy of his latest book, Global Brand Strategy. A month later, I finally got around to reading it this week.
Discovering the Second World: Mexico, Peru & Thailand
As a schoolboy, the terms first, second, and third world were in frequent use. The developed countries and Japan were then considered “first world” because of their political and economic dominance, while Africa, Asia, and Latin America were dubbed as “third world”. This categorization was never academically defensible, but it captured popular imagination. Since I…
Does Increasing Power Portend War?
For some reason, inexplicable to me, my two favourite research papers, are also my two least successful in terms of citations. Perhaps they were published in the wrong journals. This week I would like to report on one of them. While the empirical analysis was done in a distribution channels context, it has fascinating implications…
The Next #1 Economy in the World
With the growth in India, lots of interesting stories emerging on the India potential. The below link is from one of the many analysts who send out such reports, a prediction of India as the most populous and the highest GDP country in the world. Please only read the first page: http://www.moneyandmarkets.com/next-1-economy-world-70974#.VVra02Aqv8s Another story predicting…
Does the Future belong to Western Cities?
Urbanisation is a big trend and people are increasingly moving to larger and larger cities. Who would have thought, 2-3 decades ago, London with its lousy climate and bad food would be a magnet for the best and brightest. Here’s an article by Simon Kuper, provocatively called “The Future Belongs to Cities of the West”….
Nirmalya Kumar 