Tag Archives: asian tiger
For many companies these days, it’s absolutely natural for them to tap the knowledge base abroad for parts of resource and development (R&D). Why? Students in “first-world” countries are still shying from the technical jobs, whereas in India, there are at least 100, 000 English-speaking engineers graduating a year. Folks in R&D, often unable to find enough engineers here in the West, head over to Asia. R&D is massively competitive, meaning products put out a year late often suffer great losses — as a consequence, the time-to-market pressure put on by the companies abroad also pushes Indians (and Chinese!) to innovate faster and faster. Also, these Asian economies want products suited to them — not just Western hand-me-downs (via BusinessWeek).