Innovation and economy

A high level of innovation translates into a low cost economy.

Thursday 18 August 2016

Cipla: Innovation & Patents

Cipla successfully opposed the grant of a patent to Boehringer for Tiotropium Bromide Monohydrate branded as Spiriva.This is utilized in inhalers.The patent was successfully opposed on the basis that it did not enhance therapeutic efficacy.

Ford launching fully autonomous cars by 2021

Ford is planning to launch fully autonomous cars by 2021.These cars will be without steering wheel or gar pedals or gears.Ford abandoned the stepping stone approach to innovation and has embraced the DMP Challenge approach to innovation.
Ford approach to autonomous cars

Monday 15 August 2016

Friday 5 August 2016

Innovation:Why?

There is a direct correlation between innovation and growth,
There is a direct correlation between lack of innovation and decline,
There is a direct correlation between frequency of innovation and continued success.
There isa  direct correlation between sporadic innovation and stagnation or decline.

Innovation : Why?

Innovation for growth,
Innovation for success,
Innovation for avoiding failure,
Innovation for solving problems,
&
Innovation for reducing risk.