Why should we aspire for innovation?

Patent registration time in India

The patent registration time in India is going to get reduced from 5-6 years currently to 15 months.The infrastructure at Patent Offices is being upgraded.

Systems Intelligence

Whenever there is a downpour in Delhi-Gurgaon,the roads are clogged with water and there are huge traffic jams to the extent that new vocabulary has been created to describe the condition namely that of Gurujam and Delhi-uge.
What does this phenomenon indicate?
This indicates a huge competency gap of systems intelligence among urban planners.The practice of systems intelligence and its utilization in designing the drainage sub-system as a part of the urban system consisting of the traffic sub-system, the road building sub-system and road maintenance sub-system and measurement of the effectiveness of these systems,would ensure that these systems do not break down under a little bit of pressure.
These systems breakdown because systems metrics are not measured regularly,thereby resulting in the continuance of ineffective systems which are bound to break down year after year.

Innovation culture in Singapore

Driverless Taxis are making their debut in Singapore.A typical example of the innovation culture prevalent in Singapore.Another example of this innovation culture in Singapore is the creation of an international court for commercial arbitration in Singapore.

Apple's future

Apple's future is dependent upon its ability to maintain the frequency of innovation.

Bit coins:An innovation whose time has come

Bit coins are an internet currency which also doubles as an international currency.The need for an international currency is dominant.Hence,this is an innovation,whose time has come.It is a typical example of the Innovation tool,DMP Challenge.The value of such a currency is that it can be utilised without the limitations of national currencies and exchange rates.
The underlying block chain technology can also bring about a paradigm shift in person to person collaboration and transactions.

Dominance of innovation in Economic news

It is interesting to note that Innovation is inadvertently beginning to occupy centre stage in business news.
Innovations that stood out in today were e-kyc,watson of IBM and GSTN.