Asian Innovation

Japan and other countries might be in trouble with the recent craze of innovation and cutting costs.  Recently the Tata Nano, a $2000 car has shown to potentially be a problem for Japans Toyota.  In the article there was also talk about 2 new books which discuss how frugal innovation is flourishing across the emerging world. They also argue convincingly that it will change rich countries, too.  So not only is frugal innovation changing poor countries, it's changing rich countries as well.  I thought this was interesting b/c I am always looking for ways that I can better bootstrap and save more money.  It's an interesting article.

http://www.economist.com/node/21551028

Kirk Robison