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CommentDecember 3 2018

The early-mover disadvantage

Developed countries that were early innovators are now finding it hard to disentangle from their (now established) innovations, and are being left standing by developing regions. But will this pattern simply repeat for the likes of China, ponders Chris Skinner.
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Readers of this column will know that I write regularly about legacy challenges, changing core systems, digital transformation, innovation and the growing northern and southern hemisphere divide. But this was brought home to me in a major way as I pondered the fact that those who move first leave last.

This is not a new thought or phrase, but it is one I’ve been using a lot lately to illustrate the issues of North America and Europe compared with those of China and India. Fifty years ago, America and Europe began automating and implementing infrastructure. We invested heavily in IBM mainframes and, through the years, layered on minicomputers, Microsoft client-server architectures and more.

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