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Leapfrogging is a concept used in many domains of the economics and business fields, and was originally developed in the area of industrial organization and economic growth. The main idea behind the concept of leapfrogging is that small and incremental innovations lead a dominant firm to stay ahead.
Economic development research has currently identified five phases, or "waves" of economic development practice.The differences between these waves are shaped by historical factors, the economic climate during historical periods, and leaders' response to these forces, which over time have created five strategies that differ from their predecessors.
The first mover then adopts a strategy of leapfrogging innovations, building on large technological advantages that require entirely new resources and know-how. These moves become increasingly more expensive and risky for the firm. Eventually because of the speed with which imitators catch up, the leapfrogging strategy becomes unsustainable. [10]
Reverse innovation has been identified as a key emerging trend in global health systems. [9] [10] Key health areas where low-income countries can offer solutions to medium and high-income country settings include, rural health service delivery; skills substitution; decentralisation of management; creative problem-solving; education in communicable disease control; innovation in mobile phone ...
The path to the corner office can be a long and winding road, but increasingly, its penultimate stop is that of the chief operating officer. Long a job that readies ambitious executives to become ...
Globalization is the process of increasing interdependence and integration among the economies, markets, societies, ... today, the most embodied ...
Political globalization is the intensification and expansion of political interrelations around the globe. [2] Aspects of political globalization include the modern-nation state system and its changing place in today's world, the role of global governance, and the direction of our global political systems.
Every week for the duration of the 2024 NFL regular season, USA TODAY Sports will provide timely updates to the league's ever-evolving playoff picture − typically starting after Sunday afternoon ...