Currently high competitive environment of emerging markets is characterized by a new typology of firm. Such new kind of firm has been defined second mover or 'imovator'. An imovator combines aspects of both imitation and innovation strategies (Shenkar 2010). It exploits the external resources and capabilities of its own network system in order to improve business performance and increase technological capabilities. It takes inspiration from successful innovative products in order to create a similar product but with technical improvements and lower production costs. In the current management literature there are different points of view regards to the competitive advantage to be innovator or imitator: some scholars argue that being innovator is advantageous to companies in order to dominate new market and to acquire a wide range of consumers whereas others point out that it is more efficient and successful to follow the first comer. However none has been studied how the combination between innovation and imitation may affect firms' performance through adpting knowledge exploitation approach and creating relationship with firms' Innovation Network System. So in order to address this gap, the paper analyses two case studies, that is Lenovo from China and redBus.in from India.
Economies across the globe believe in entrepreneurship as an important component for economic development because it is helping countries to solve problems like unemployment or underemployment. As countries make policies and support systems to strengthen their entrepreneurial ecosystems for accelerated growth of their economies, they are increasingly focusing on entrepreneurship education (EE). This article explores various issues related to EE, pedagogies and ecosystems. With the help of survey technique, data of 157 respondents were collected. The article serves as a benchmark on university/institutes’ target group for EE, types of modules used, various supports provided by these universities/institutes to the target groups, preferences for teaching pedagogies and, most importantly, how the outcomes of EE are measured. Based on the findings, the article concludes with some recommendations to strengthen EE in India and in other regions of the globe.
In India, there is a throat cut competition in the market of life insurance that is why brand services adopt new strategies for sales. It can be said that people are much aware of the aspects of life insurance and also about the role and act of agent. That is why life insurance companies give more focus on recruitment process so that suitable candidate can be selected. Recruitment highlights each an applicant's skills, talent and experience. The recruitment activity done is the initial screening process, after which the prospective agents would have to undergo an intense training as well. They will have to clear a written exam as per the IRDA (Insurance Regulatory and Development authority) norms, before they get their license and begin selling policies. This paper is an attempt to find out the people who want to be agent and recruitment and the selection process adopted by the life insurance companies.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.