Difference between revisions of "Scenario 4 - Empire with Walls"
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==2020 - 2025== | ==2020 - 2025== | ||
[[File:collaborative innovation.jpg|250px|right]] | [[File:collaborative innovation.jpg|250px|right]] | ||
There are 2 new Sheriffs in town; China (the 2nd largest economy) and India (who are on the way to becoming the 3rd largest economy). They have taken the world by storm and have become major economic power brokers. Their corporations rival the Western traditionalists and half of the Fortune 500-listed emerging companies are from both countries alone. They have established themselves on strategic locations around the globe particularly in developing regions like Africa, Asia and South America. The penetration strategy is a bundle of low cost and customized innovation specific to the societal challenges in these operating environments. They do not present pre-conditions to doing business and do not interfere with domestic politics although their actions influence local policy decisions. They bring a lot of technical expertise, knowledge and skills which is acquired overtime by the local workforce through employment opportunities, training programmes and trade-free zone management established by these companies, thus establishing a transfer of knowledge process. The continent benefits from economic and infrastructural development and skill growth. However, the success has also becomes a threat; the invasion of the deputies. <br> | |||
The | The deputies are rising players from other emerging markets like Indonesia, Russia, Malaysia, South Korea, Brazil and Chile. They bring with them everything that China and India have to offer but with a difference; lower cost, more opportunities for local start-ups and employment. The original emerging players have become global empires and smart innovation, strategic thinking, knowledge provision and the creation of a multinational workforce of brilliant minds and creative personnel, some of them from the local population. They are now large hierarchical organizations with a huge workforce some of whom seek bigger career opportunities or the possibility of starting their own companies through joint-ventures or partnerships. The expertise they have acquired working with the Chinese companies. Operating in regions with lax laws on IP protection, they present a threat to the new players. It is difficult for the Chinese companies to seek individual assurances of IP protection from the different governments, because of the various local interests involved in bringing some of these companies into the region, to exploit the vast opportunity that abound. <br> | ||
The International pressures placed on the governments in developing countries to curb emissions levels and the threat of fines, disruptive tariffs and outright bans on exports leads to local demonstrations supporting the calls. The environmental degradation suffered in these countries has given rise to local demonstrations by environmentalists and consumer groups established through an International network, to raise public awareness on these issues. The old GATT agreement for IP compliance is being reviewed to amend loopholes previously explored by its members. The government is under pressure and begin to design strict local laws for companies to abide by in terms of environmental protection. Countries who are quick to respond are those still dependent on International aid whose with high debt balances with the develop countries. <br> | |||
==2025 - 2030== | ==2025 - 2030== | ||