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http://fasttrack.roundtable.com/app/content/knowledgesource/item/1210
Why China? The Opportunity and The Threat
This summary of a March 2007 presentation by Roger N. Nagel of Lehigh University examines some of the fundamental cultural assumptions Western businesspeople are likely to encounter when interacting with their Chinese counterparts. Nagel contrasts these assumptions with Western cultural preferences, discusses their management implications, and provides tips on how to bridge the cultural divide. Nagel then discusses the ways in which China is a source of R&D and innovation and explains why China is an attractive region for R&D investment, citing several examples of Western companies’ activities there. Finally, Nagel presents some sources of current information regarding China. He lists the major industries in China and where they are centered in the various regions of the country. This summary is a useful compilation of existing research on R&D in China and serves as an overview of the subject.
(16 pages)
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