CHANGING FACE OF INNOVATION, THE: Is it Shifting to Asia?

This book provides a brief overview of the recent trends in innovations. Early inventions/innovations that began in Asia (i.e., compass, paper, gunpowder and printing) spread to the Atlantic (Europe and USA) by land and sea routes. However, with population growth, economic expansion, availability of skilled researchers and lower cost of research in Asia Pacific, there has been a shift in innovation activities in this region.There has been a discernable trend of innovation (R&D) in countries...