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What's the World's Most Innovative Nation?

October 28th, 2008 @ 5:34 am

Categories: Global Trade, Research, Technology

Tags: Nation, Leadership, Strategy, Marketing Research, Management, Marketing, Jessica Stillman

  • High tech toilet seats in Japan.The Find: It’s no surprise that gadget crazy Japan tops the table in terms of fastest uptake of new technology, but who would have expected four Nordic nations to round out the top five? The US limps in at sixth.
  • The Source: A report entitled The Global Takeoff of New Products: Culture, Wealth, or Vanishing Differences, co-authored by two marketing professors, Deepa Chandrasekaran of Lehigh University and Gerard J. Tellis of USCs Marshall School of Business.

The Takeaway: The study, published in the latest issue of Marketing Science, looks at 31 nations and 16 different product categories over 50 years to determine how long it takes innovations to take off in various countries, with the researchers claiming their work “is among the most comprehensive research of its kind.” After sifting the data, what six countries claimed the top slots?

  1. Japan
  2. Norway
  3. Sweden
  4. The Netherlands
  5. Denmark
  6. The United States

In Japan, it takes an average of 5.4 years for a new technology to take off. In the US, it takes 6.2 years. What accounts for the difference between nations? Wealth obviously plays a role. The places at the bottom of the innovation table were all held by relatively less affluent countries (India, the Philippines, Indonesia, Vietnam and China), but culture is also a factor. For example, “newly developed or developing countries, like South Korea and Venezuela, saw faster product takeoff times than more established Mediterranean nations with longer histories of industrialization.”

The report also compares product categories, noting that on average “fun” products (like mp3 players) take off five years faster than “work products” (like microwaves). “Fun products… could be introduced simultaneously across nations (a sprinkler strategy), while the introduction of appliances and other work-related technologies should be staggered (waterfall’) for maximum impact,” the report concludes.

The Question:  Why do the Nordic countries beat out the US in the race to take up new technology?

(Image of high-tech, Japanese toilet seats by bato93, CC2.0

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  •  
    1

    jerang@...

    10/30/08 | Report as spam

    RE: What's the World's Most Innovative Nation?

    Great article! Am actually surprised Germany isn't among the top five.

  •  
    2

    Auri-at-Art-of-Innovation.com

    11/01/08 | Report as spam

    Idea Generation vs. Adoption

    It would be interesting to consider the stats on generation of ideas / patents / products - separate from the stats on adoption of those ideas - which seems to be the focus of the research highlighted in this article.

    Factors positively influencing adoption (especially beyond the early-adopter/innovator phase) may not be the same ones encouraging the development of innovative ideas.

    I am talking about the propensity to follow a trend/crowd versus the independent/ perceptive thinking that questions the current trends/ products and leads to new ideas.

    I guess you could call it the Believer/ Follower vs. Skeptic/ Leader issue - and the effects on a society when the ratio is not optimal (i.e. too much of one or the other!)

    Auri Biswas
    Art-of-Innovation.com

  •  
    3

    shaulr

    11/03/08 | Report as spam

    RE: What's the World's Most Innovative Nation?

    definitely,

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