Professor Ravi Ramamurti discusses the phenomenon of reverse innovations, where multinational companies develop low- cost and effective innovations in domestic markets such as India and China, and then leverage these innovations across global markets. He also discusses the work of the Center of Emerging Markets at Northeastern University, which he founded in 2007, and which serves as a continuous source of insights into the changing role of emerging markets.
About the guest:
Ramamurti is the University Distinguished Professor, International Business and Strategy, at Northeastern University, and Director of the Center for Emerging Markets. He has published several books, including Reverse innovation in health care: Making value-based delivery work, with Prof. V. Govindarajan, Harvard Business Review Press, 2018, as well as articles on healthcare in the Harvard Business Review. He researches and consults with many organizations on their strategy and innovation in emerging economies, and has served as a consultant to several governments, and agencies such as USAID and the World Bank.
International Business Today is a podcast produced by the International Business & Strategy group at Northeastern University. Made for global business professionals—and any student who hopes to work for a multinational organization in the future, our hosts and their guests share what's proven through research and highlight what's really working in practice. The podcast, released in seasons of six or more episodes, is currently in Season Two and hosted by Ravi Sarathy. Join him and his guests as they share their experiences and insights on succeeding in emerging markets and being effective across different cultures. Speakers include Paula Caligiuri, Michael Enright, Ravi Ramamurti, Anna Grosman, Alvaro Cuervo-Cazurra, and others.
Reach out to us: IBTpodcast@northeastern.edu
