Why some Asian businesses struggle to innovate

12/13/2011 | 15Inno.com (Denmark)

Many Asian companies lack the resources, time or inclination to innovate, write Azim Pawanchik and Suraya Sulaiman. "In Asia's risk-averse culture, which demonizes mistakes and failure, new insights and ideas are often too quickly and easily dismissed," they write. "As a result, truly innovative ideas rarely take off."

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