India has improved its position on the Innovation Index from 81 in 2015 to 66 in 2016.This improvement is due to increased software exports,market sophistication and Corporate R&D.
Innovation and economy
A high level of innovation translates into a low cost economy.
Sunday 21 August 2016
Friday 19 August 2016
Innovation Support Structure in Vedanta
The innovation support structure in Vedanta consists of a web based platform for generating and exchanging innovation ideas among employees.This platform does the role of an,"Innovation Incubator".In addition to this ,the company has also deployed a financial corpus for incubating selected innovation ideas.
Innovation Support Structure in PWC
Annual innovation contests in the form of,"Concept Cradles"constitute a structure for generating Innovations in PWC.
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
Ford approach to autonomous cars
Monday 15 August 2016
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