Innovation
Global Investor Focus, 02/2007 Credit Suisse
Global Investor Focus, 02/2007
Credit Suisse
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GLOBAL INVESTOR FOCUS <strong>Innovation</strong> — 33<br />
Connectivity................................................ page 34<br />
Renewables................................................page 35<br />
Food........................................................... page 36<br />
Robotics..................................................... page 37<br />
Fertility....................................................... page 38<br />
Solar energy................................................ page 39<br />
Education.................................................... page 40<br />
Toys............................................................ page 40<br />
Carbonomics............................................... page 41<br />
Chips.......................................................... page 42<br />
E-payments................................................. page 43<br />
Hedge funds............................................... page 44<br />
Focus on Asia ...................................... pages 44/45<br />
Alzheimer’s.................................................. page 46<br />
Transportation.............................................. page 47<br />
Redefining the customer/supplier relationship<br />
In a world where information flow is becoming increasingly ubiquitous<br />
and free, industries’ product development curves are steepening,<br />
and public/private/social partnerships are becoming more economically<br />
valuable, companies must constantly rethink their business models<br />
and how they interact with their customers as a part of sustainable<br />
competitive advantage.<br />
“One way to think about it is actually<br />
as innovation within the interface<br />
itself, between the seller and the<br />
buyer.” Niraj Dawar<br />
“We have long assumed the firm<br />
will dominate the consumer because<br />
it has more information and more<br />
resources. But what we are<br />
beginning to see now is that the<br />
consumer has as much access<br />
to information as the firm has had<br />
traditionally.” C. K. Prahalad<br />
“<strong>Innovation</strong> typically works through<br />
the process of cross fertilization.<br />
I think there has never been a better<br />
laboratory for cross fertilization than<br />
the Internet.” Chris Anderson<br />
“A billion Chinese and a billion<br />
Indians using resources the way the<br />
West does is going to create<br />
enormous pressures.” C. K. Prahalad<br />
“Food oriented towards health<br />
and vitality is going to be a big<br />
thing.” C. K. Prahalad<br />
New infrastructure /resource consumption<br />
New distribution, logistics and production mechanisms are needed to<br />
sustain 21st-century global economic development. Emerging markets<br />
are developing without the existing resource-intensive infrastructures<br />
that developed markets have. As the world’s average standard of living<br />
rises, resource consumption will need to become far more efficient.