How Trickle-Up Innovation Will Change the World

Traditionally, the developed world has innovated and the developing world has benefited from mature versions of those innovations. However, globalization — combined with the extreme constraints involved in serving impoverished consumers — is driving Third World innovations that are later adopted in the developed world. So, ironically, the developing world is increasingly becoming the source of disruptive innovations. What will this mean for your industry, your career, and your investments? We'll explain.