Lecture

Absorption and Appropriation in Emerging Markets

Graph Chat

Chat with Graph Search

Ask any question about EPFL courses, lectures, exercises, research, news, etc. or try the example questions below.

DISCLAIMER: The Graph Chatbot is not programmed to provide explicit or categorical answers to your questions. Rather, it transforms your questions into API requests that are distributed across the various IT services officially administered by EPFL. Its purpose is solely to collect and recommend relevant references to content that you can explore to help you answer your questions.

In course

HUM-366: Innovation and emerging markets

Le cours sensibilise les étudiant-es à l'importance des marchés émergents dans le paysage mondial de l'innovation. Il propose des outils de modélisation pour analyser des innovations produits/services dans le contexte des marchés émergents. ...

Description

This lecture explores the concepts of absorption and appropriation in emerging markets, focusing on the adoption, adaptation, and dissemination of new technologies. It discusses the impact of atmospheric pressure on weather apps, the diffusion of technologies in economies, and the importance of technological progress for economic growth. The presentation delves into the challenges and opportunities faced by emerging economies in leveraging foreign technologies, pushing the boundaries of innovation, and fostering a conducive environment for technological advancement.

Instructor

Marc Laperrouza

Marc is a scientist and lecturer at the Swiss Federal Institute of Technology (EPFL) and at the University of Lausanne (HEC). Marc obtained his PhD on China's telecommunication reforms from the London School of Economics. He holds a Master Degree in International Management (HEC, 1997) and an undergraduate degree in Business Management from the University of Lausanne (1993). He studied Chinese Language and Economics for two years at Fudan University, Shanghai (1993-1995) and one semester at the Richard Ivey School of Business, University of Western Ontario, Canada (1996). Marc was previously senior research associate at EPFL working on the coherence between institutional and technological governance in infrastructures (2007-2011). In a former life, he worked as a research analyst at Swiss Re and at McKinseys Business Technology Office. He served as deputy director and senior advisor to the Evian Group, a think tank based at IMD (Lausanne, Switzerland) and lectures regularly on China and emerging markets at undergraduate, graduate and executive levels. Marc contributes frequently to Swiss media. He is the Founder and President of the bonopro association and recipient of the Swiss Re Civilian Service Prize (2011).

Official source

Related concepts (32)

Technological change

Technological change (TC) or technological development is the overall process of invention, innovation and diffusion of technology or processes.From [[The New Palgrave Dictionary of technical change" by S. Metcalfe. • "biased and biased technological change" by Peter L. Rousseau. • "skill-biased technical change" by Giovanni L. Violante.

Diffusion of innovations

Diffusion of innovations is a theory that seeks to explain how, why, and at what rate new ideas and technology spread. The theory was popularized by Everett Rogers in his book Diffusion of Innovations, first published in 1962. Rogers argues that diffusion is the process by which an innovation is communicated over time among the participants in a social system. The origins of the diffusion of innovations theory are varied and span multiple disciplines.

Technology adoption life cycle

The technology adoption lifecycle is a sociological model that describes the adoption or acceptance of a new product or innovation, according to the demographic and psychological characteristics of defined adopter groups. The process of adoption over time is typically illustrated as a classical normal distribution or "bell curve". The model indicates that the first group of people to use a new product is called "innovators", followed by "early adopters".

Technological utopianism

Technological utopianism (often called techno-utopianism or technoutopianism) is any ideology based on the premise that advances in science and technology could and should bring about a utopia, or at least help to fulfill one or another utopian ideal. A techno-utopia is therefore an ideal society, in which laws, government, and social conditions are solely operating for the benefit and well-being of all its citizens, set in the near- or far-future, as advanced science and technology will allow these ideal living standards to exist; for example, post-scarcity, transformations in human nature, the avoidance or prevention of suffering and even the end of death.

Technological revolution

A technological revolution is a period in which one or more technologies is replaced by another novel technology in a short amount of time. It is an era of accelerated technological progress characterized by innovations whose rapid application and diffusion typically cause an abrupt change in society. A technological revolution generally increases productivity and efficiency. It may involve material or ideological changes caused by the introduction of a device or system.

Related lectures (55)

Technologies, innovations and emerging markets

Delves into technologies, innovations, and emerging markets, analyzing determinants, characteristics, and governance in non-market settings.

Innovation Fundamentals

Delves into the economic fundamentals of innovation, exploring the transformation of new ideas into valuable products and processes.

Innovation Management: Course Overview

Covers ground rules for virtual learning, course design, class participation, guest speakers, levels of innovation, and disruptive innovation.

Economic Discovery and Innovation

Explores economic discovery and innovation, showcasing how new ideas must grip the economy to transform society and improve living standards.

Materials Choice: Properties, Selection Criteria, and Technological Progress