This edition of the award-winning magazine looks at the trend of polycentric innovation: The focus story explains why the days when the West was the only wellspring of innovation, and emerging economies merely provided the cheap labor, are long gone. Another feature story ponders the risks involved in doing business in countries in transition, especially Egypt. The cover story explores the emerging art market in China and the Gulf, including a profile of Dubai’s go-to guy for contemporary collectors, Ramin Salsali.
Also in this issue: a visit to the dynamic joint-venture scene in high-growth markets. The last two years have seen a real surge in tie-ups across all sectors – an important story, as tight credit forces companies to look for new ways of entering emerging markets. Furthermore, country expert Ben Aris looks at the pains and gains of Russia’s WTO accession.
The magazine gives essential insight into the following:
- Overseas R&D – The shift of innovation to China and India (and back home)
- Dealing with transition – Doing business in distressed countries
- Strategic alliances – Joint ventures as a way into new markets
- Russia and the WTO – Who stands to benefit?
- The emerging art market – High growth in China and the Gulf
- Off the cuff – Bancolombia’s CEO on making up for lost time
- BRIC IPOs – The boom dies down
- Energy supply – Renewables part of the solution