Does globalization mean copying a successful business model?This thought came to mind as I read about the successful funding of Glowria (France’s largest online DVD rental company) last year by SPEF Ventures. Several of you may have already heard of Screenselect and Lovefilm – all riding the NetFlix wave.
Wikipedia even has a list of netflix look-alikes and I am sure we will see a few in India and China before long.
Is this Globalization at work?
…and do you consider successful transplant of a business model in a different environment as innovation?