The products that are being discussed - have not been innovated newly..they are already there... They have only improvised an existing product.
So no innovation at all.....
Should it be called reverse innovation..?? i have a doubt on that too...??
Innovation is not a property of developed countries only. Innovations do not happen only in developed countries. Innovation can take place in developing countries too...so why do they call it as "reverse innovation?"
The products that are being discussed - have not been innovated newly..they are already there... They have only improvised an existing product.
So no innovation at all.....
Should it be called reverse innovation..?? i have a doubt on that too...??
Innovation is not a property of developed countries only. Innovations do not happen only in developed countries. Innovation can take place in developing countries too...so why do they call it as "reverse innovation?"