While a number of Indian IT companies are expanding globally, several major U.S. IT firms are increasing their presence in India. Among them is Adobe Systems, which views India as an important development center and a growing market for its products. In the second of a two-part interview with Knowledge@Wharton, Adobe president and chief operating officer Shantanu Narayen discusses the company\'s strategy regarding India and global expansion. In the first part of the interview, published in Knowledge@Wharton, he talks about Adobe\'s product strategy for the emerging trend of rich Internet applications.

Military parents stationed overseas are able to communicate with their children in novel and important ways through the San Diego-based Family Literacy Foundation\'s United Through Reading program, which has won the $25,000 Peter F. Drucker Award for Non-profit Innovation for 2006.

China\'s labs may soon rival its powerhouse factories—and multinationals are flocking in for tech innovation

How can companies innovate without falling into the trap of needless proliferation in their products or services? The key, according to Wharton faculty and experts from George Group Consulting, is understanding unmet and unarticulated consumer needs while aligning innovation processes to those insights.

As companies struggle to innovate in today\'s competitive environment, they need to continually guard against adding to their \"clutter\" -- the creeping impact of complexity on efficiency and cost-competitiveness. In this three-part special report, experts from Wharton and George Group Consulting discuss how management can approach this problem by thinking \"ambidextrously\" -- that is, focusing on innovation and broad exploration while minimizing the impact of clutter on operational processes and costs. Also, in the accompanying podcast (with transcript), Mike McCallister, CEO of Humana, discusses balancing innovation and complexity in the health care industry.

Recently I visited a conference in San Jose that targeted entrepreneurs in the technology industry. You might think that after all the torrents in the public markets and the high-tech meltdown during the past couple of years, such a conference would be pretty lackluster. With rumors of Prozac sales in Silicon Valley skyrocketing, you might even think that the place would be downright depressed.

NASDAQ was the market for technology stocks. Now NASDAQ itself is under severe pressure from other platforms, called ECNs (electronic communications
networks) which use technology to lower transaction costs , thus eating into
NASDAQs market share. These ECNs are also merging now, to get bigger clout. This article talks about Instinet\'s merger with The Island ECN, in a $ 508 m. all stock deal. This is months before NASDAQ introduces SuperMontage, a new order and execution system to provide better liquidity. In India we are seeing shutting down of regional exchanges. Barring NSE and BSE, other exchanges have virtually no trading. These issues were also covered in the \'Capital Markets Reforms\' roundtable organised by ISB-CIO and can be viewed at http://www.capitalideasonline.com/rtc/isb/9may2002/secondrtc_part1.htm

\"Do you need a fresh start on creativity? Stanford professor Robert Sutton is a unique voice with an urgent message about how to generate and capitalize on new ideas.\"

\"Only a few years ago, B2B exchanges were expected to completely alter conventional buyer-supplier relationships. The reality has been otherwise. Only 10% of the 1,000 B2B exchanges launched in the past 18 months are reportedly still in operation. Meanwhile, the important B2B action seems to have shifted to industry-wide exchanges run by incumbent firms, such as Covisint in the auto industry and Transora in the consumer products sector. In a new research study, Wharton management professor John Paul MacDuffie and colleague Susan Helper explore this evolution.

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\"Is the lecture hall outdated? Management education needs to be radically rethought for an Internet age, becoming more customizable, with delivery anytime and anyplace, and more applied, interactive learning. Two Wharton professors, Jerry Wind and David Reibstein, discuss a new paradigm for management education facilitated by advances in information technology and how it might be integrated into a decision support system. Wind is also leading the creation of a program that attempts to implement these principles in practice.\"

\"The best way to prepare for the future is to see it come to life before your eyes. That\'s why executives from the world\'s leading financial-services companies come play at the Merlin Center.\"

\"Paul Sagel and Bob Dirksing are two of the leaders behind an important new product for Procter & Gamble -- one that has its customers, as well as its executives, smiling about the company\'s approach to innovation.\"

\"Jeff Weedman is a man with an innovative mission -- to open up Procter & Gamble\'s treasure trove of patents (some 27,000 at last count) to the outside world. Why? Because selling off old ideas forces everyone to come up with new ideas faster. \"

\"Everybody wants brands. And there are a lot more poor people in the world than rich people. To be a global business . . . you have to participate in all segments.\" --Keki Dadiseth, Unilever\"

\"Groove makes it possible to light up the edge. Groove -and peer-to-peer platforms like it - gives everybody the tool set to engage in peer communities, at work and at home. It democratizes technology in the same way that Lotus 1-2-3 democratized spreadsheets and the Internet democratized content. At first, companies that embrace peer-to-peer computing will engender confusion and cross-purpose. But if the leaders of those companies are patient, if they engage the edge and work with it, they will finally harness all the power of the edge. Very few companies do that today. Now they\'re going to have the chance. Peer-to-peer is technology\'s next corporate character test.\"

\"Who says only world-famous historians can draw valuable lessons from the past? Fast Company\'s readers\' network takes a page from the book of historian Stephen E. Ambrose and draws parallels between the transcontinental railroad and the Internet.\"

\"In an interview Clayton Christensen, author of the book, \"The Innovator\'s Dilemma\" talks about the markets today that are vulnerable to disruptive technologies.\"

\"A battle is under way for the new economy. Which side are you on?\"