The huge demand for telecom services worldwide has galvanized innovators, while also raising the bar on several fronts. As innovation in wireless and broadband technologies aims to increase capacity and service efficiencies, telecom equipment vendors — like makers of network infrastructure equipment and mobile devices — must also deliver higher-end smartphones and spectral efficiency. They must also address the frugal but high growth markets in emerging economies. Innovate or perish, says Gerald R. Faulhaber, Wharton emeritus professor of business economics and public policy. Boost co-creation and distributed partnership models to share risks and cut time to market, says Jeffrey Heenan-Jalil, vice president and global head for advanced technologies at Wipro Technologies. The two explore the telecom innovation road map in this “Future of Industry” series white paper produced by
Knowledge at Wharton and sponsored by Wipro Technologies