Featured Session 34
Executives Plenary Panel: Innovation Strategy in China
Track A |
Date: Sunday, December 16, 2012 |
Time: 17:00 – 18:00 |
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Featured Panel |
Room: Hall C |
Chair:
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George Yip, Imperial College
George Yip is Professor of Management and Co-Director of the Centre on China Innovation at China Europe International Business School. His prior business experience includes being VP and Director of Research & Innovation at Capgemini Consulting. He serves on the Editorial Advisory Board of MIT Sloan Management Review. The Financial Times said of his book Strategic Transformation (Palgrave Macmillan, 2013) “... is the chief executive’s in-depth guide to how to sustain and refresh strategy over time.” An earlier book, Total Global Strategy (Prentice Hall, 1992) was selected as one of the 30 best business books of the year. He holds B.A. and M.A. degrees in economics from Cambridge University; and MBAs from Cranfield School of Management and Harvard Business School, and a doctorate from Harvard.
Panelists:
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Xiangli Chen, GE China Technology Centre
Xiangli Chen has been General Manager of GE China Technology Center since August 2007, leading a cross business team in research, new product development, and engineering services. The center is one of GE’s four global R&D centers, covering a diverse range of industries and technologies including Energy, Water, Oil & Gas, Healthcare, Transportation, Aviation, Lighting, and Industrial Solutions. His team is driving GE’s growth in China and globally by innovating in close cooperation with all GE businesses, customers, the government, universities and research institutes. In September 2009, Xiangli Chen received the Magnolia Award from the Municipal Government of Shanghai, in recognition of his contributions to the city’s social and economic development. In January 2010, GE Chairman and CEO Jeff Immelt presented Xiangli Chen with the Chairman’s Award for Initiative, recognizing his achievement in driving technology and innovation, and GE’s "In Country, For Country" growth initiative. In February 2012, Xiangli Chen was awarded 2012 China top 50 Innovation Entrepreneurs by the leading business magazine CBN Weekly for his driving innovation activities in 2nd tier cities of China.
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Kathy Zhang, Philips Corporate Research
Kathy Zhang is Senior Director for Philips Corporate Research, heading strategy and new business development for its Asia labs. Her primary responsibilities are shaping research innovation portfolio based on market insights and technology trends, identifying potential business opportunities, and assisting corporate strategy with local inputs. Kathy started her career in Bell-labs research center in Murray Hill, New Jersey, Lucent Technologies, in which Kathy Zhang held several positions in research and development, marketing, and product management. From 2004 to 2007 Kathy Zhang was leading the Program Management department in Dell China Design Center. Kathy Zhang studied in Beijing University of Posts and Telecommunications, continued her advanced study in University of Akron, Ohio, where she received Master’s degree in Computer Science and Electrical Engineering. Later she attended EMBA program of Rutgers University, NJ.
Abstract: Globalization has spurred many Western companies to relocate production and supply chain activities to developing economies, especially China. Now Western companies are beginning to also relocate to China key innovation and R&D activities. China's advantages for innovation include:
• huge size of customer base
• empty market spaces
• talented and low-cost researchers, engineers and scientists, in quantity
• market demands for simple, cheap products
• fast-moving large-scale government projects
• support of national and provincial governments
• entrepreneurial spirit
Many Western companies are starting to make use of these advantages for innovation not just for the Chinese market but for global markets in a form of reverse innovation. This panel addresses how major Western multinational companies are innovating in China both for China and for the rest of the world.
All Sessions in Track A...
- Sat: 09:00 – 09:30
- Session 35: Conference Welcome
- Sat: 09:30 – 10:45
- Session 30: Keynote Plenary Panel: Competing and Cooperating in and for China
- Sat: 11:15 – 12:30
- Session 4: Competition and Adaptation
- Session 11: Firm Boundaries and Growth
- Session 19: Global Strategy
- Session 26: Entrepreneurship in China
- Sat: 13:45 – 15:00
- Session 31: Plenary Panel II: Collaborative Strategies in and for China
- Sat: 15:30 – 16:45
- Session 6: CSR and Sustainable Development
- Session 7: Entrepreneurship
- Session 9: Executives and Incentives
- Session 22: Panel: Innovation
- Session 24: Managing Innovation Strategies
- Sat: 17:00 – 18:15
- Session 5: Corporate Governance
- Session 8: Evolution and Ecosystems
- Session 10: FDI
- Session 12: Innovation Strategy
- Session 27: FDI and Institutions
- Sun: 09:00 – 10:15
- Session 32: Plenary Panel III: Corporate Governance and Executive Leadership in the Age of Globalization
- Sun: 10:45 – 12:00
- Session 13: Institutions
- Session 15: Internationalization II
- Session 16: Networks
- Session 29: Resources and Capabilities
- Sun: 13:45 – 15:00
- Session 33: Plenary Panel IV: Strategic Management Research in China - What is Next?
- Sun: 15:30 – 16:45
- Session 3: Alliances and Cooperation
- Session 14: Internationalization I
- Session 17: Social Capital
- Session 28: Governance, Knowledge, and Cooperation
- Sun: 17:00 – 18:00
- Session 34: Executives Plenary Panel: Innovation Strategy in China