Business and Economy - 'Cover Story'

R&D’s ultimate challenge: The ecosystem conundrum
A Tuck-IIPM Think Tank-B&E global joint study on innovation ecosystems
Does R&D actually create long term value for a company, or on a larger canvas, an economy? A number of research papers have tried to establish a correlation between the two. A 2004 IMF working paper t....Read More

Innovation Ecosystems
Ron Adner, Associate Professor of Business Administration, Tuck School of Business at Dartmouth, Author of the new book The Wide Lens: A New Strategy for Innovation, writes on the role of innovation ecosystems
There is a blind spot that undermines great managers in great organisations even when they identify real customer needs, deliver great products, and beat their competition to market.

Philips E....Read More

Decoding India’s innovation DNA
Companies hail the importance of the Indian market, and there is a pleasing buzz around the concept of reverse innovation from the country. But unless the ecosystem as a whole becomes more enabling for innovation, the country will continue to seriously undermine its potential
The most unique aspect of the UIDAI (Unique Identification Authority of India) project is its scale. It’s all about innovatively applying existing technologies to a grand social goal whose value for i....Read More

“All pieces of the ecosystem are not mature enough”
Ishwar Parulkar, CTO, Provider Access Business Unit, Cisco Systems, discusses the advantages of developing an innovation ecosystem
B&E: How critical is the availablility of an ‘Innovation Ecosystem’ locally for Cisco?
Ishwar Parulkar (IP): For a company like Cisco, which is a systems company, there is a need for....Read More

“Returns from innovation take a very long time”
Dr. Abhijit Barve, President – R&D, Biocon Ltd. shares how collaborations within the ecosystem can be leveraged to deliver better results
B&E: Could you cite some innovation ecosystem challenges which Biocon particularly faced during various drug discovery processes?
Dr. Abhijit Barve (AB): Biocon has a state of the ar....Read More

“Regulatory processes are complex & non-transparent”
Dr. Gopichand Katragadda, Managing Director, GE India Technology Center talks to B&E about how India can build a world class ecosystem for itself
B&E: What is your view on the ecosystem in India with respect to the R&D outcomes that GE seeks?
Gopichand Katragadda (GK): A research ecosystem was one of the critical consideration....Read More

“Our focus will be to develop solutions customised for India”
Nagaraja Upadhya, Deputy Director, VP NW Marketing and R&D, Huawei India talks to be B&E about leveraging R&D to further innovation in India
B&E: Where do you see R&D investments and outcomes in your company as compared to the global best? What is the normal time lag nowadays for Huawei when it comes to launching the latest products glo....Read More

Ecosystem impact on R&D – India research report; an exclusive ICMR survey

Business & Economy magazine in association with the Tuck School of Business, IIPM Think Tank and the Indian Council for Market Research (ICMR) conducted a survey to understand how R&D departments in I....Read More

R&D and Technology – do they pay off?
Companies all over the world spend billions of dollars on R&D. A few breakthrough products do come to market from such initiatives, but from a return on investment perspective, does R&D really pay off? The answer unfortunately is a definite negative
The R&D and technology conundrum!
Critically, how valuable do the world’s greatest organisations consider investments in R&D and technology? How well do these investments improve profits, s....Read More