Can some of the innovation seen in the West be easily copied and applied in the East?
I have personally witnessed a number of healthcare startups in Asia which in some ways clone emerging business models in the West without having the equivalent background or domain expertise of what they are trying to replicate. Of course I will give them credit for trying, as starting a new business is by no means an easy task. However, the applications of the replicated business models seem out of sync with the markets that they are in.
