Category: Innovation

Innovation

Reverse Innovation

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Vijay Govindarajan delivers a thought provoking talk on ‘Reverse Innovation,’ a term he co-defined referring to innovation emerging from developing nations.

Vijay Govindarajan is the Earl C. Daum 1924 Professor of International Business and the Founding Director of Tuck’s Center for Global Leadership. Cited by BusinessWeek, The Economist, Forbes, and The London Times as the top thought leader in strategy, Vijay is well known for espousing Reverse Innovation — innovation likely to be adopted first in the developing world before spreading to industrialized nations.

 

Innovation

India’s invisible innovation

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Can India become a global hub for innovation? Nirmalya Kumar thinks it already has. He details four types of “invisible innovation” currently coming out of India and explains why companies that used to just outsource manufacturing jobs are starting to move top management positions overseas, too. (Filmed at TEDxLondonBusinessSchool.)

Nirmalya Kumar is a professor of Marketing at the London Business School and a passionate voice for new entrepreneurs in India.

Finance, Innovation, Motivations, Social Entrepreneurship, Startups

IMC Inclusive Innovation Awards, 2012

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We are pleased to inform that the IMC Inclusive Innovation Awards, 2012 have now been announced open.

The information for the same is available on IMC Website ( www.imcnet.org).  The Rules and Regulations and the Form for Application are attached for ready reference.

The Award for the Winner is an amount of Rs 20 Lakhs, in a form considered appropriate by the Jury.  In addition, Certificates will be presented to those who are short listed for Q & A Session with the Jury.

We do look forward to your sending nominations/spreading information.

Yours Sincerely,
Arvind Pradhan
Director General
Innovation, Motivations, Networking, News

Creating an Entrepreneurial Ecosystem – The Power of Ideas

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India’s largest entrepreneurship development programme is back. Seeking to create a culture of innovation in the country by touching more lives, the programme aims at encouraging individuals with a business idea to come forward and connects them with relevant mentors and investors. This year, equipped with a superior degree of mentoring and a larger corpus of funds, The Economic Times’ Power of Ideas will make an even bigger impact than 2010.

The programme is conducted by The Economic Times in partnership with the Department of Science & Technology (DST), Government of India. DST brings to the programme its immense expertise and relationships in the entrepreneurial space as well as a corpus of Rs. 6.2 crore of guaranteed funds. The funds are open to all deserving ideas with genuine innovation on their mind, regardless of whether they have just an idea or a fully functional start-up.

Highlights of the programme structure:

Phase I: Submission of busi-ness ideas — Last date for submission of Business Summary form is June 25, 2012

Phase II: Mentoring and Elevator Pitches for those entrepreneurs whose ideas make it to the first cut-off list

Phase III : Final cut-off + Intensive Mentoring at IIM-Ahmedabad

Phase IV : Felicitation Ceremony

Connect with The Power of Ideas@

• Website: www.ideas. economictimes.com

• SMS: To get details of the programme in your mailbox, SMS ETPI your name email id to 58888

• Faeebook : http://tinyurl.com/ideaset

• Twitter : http://tinyurl.com/ideastw

Click Here for more details

Business Ideas, Innovation

The Rice Husk Power Experiment

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In 2007, Gyanesh Pandey set up Husk Power Systems (HPS) in his native state of Bihar after he quit a well-paying job in in the US. He roped in three friends — Ratnesh Yadav, Charles Ransler and Manoj Sinha — who shared his vision to bring reliable and affordable power to India’s hinterland, especially Bihar.

It took five years of research to identify the technology, one that would make use of non-conventional fuel — rice husk — and suit the economics of rural electrification. That done, in 2008, a remote village in West Champaran district of Bihar called Tamkuha was lit up for the first time, 60 years after Independence.

HPS had the ingredients for success in place. Rice husk was available at Rs 60 per quintal (100 kg); it took an average of three quintals of rice husk a day to generate 32 kilowatts of power, enough for 500 households. The running cost of a plant came to about Rs 20,000 a month. Power was supplied at Rs 80 a month; it could power two CFL bulbs (15 watt each) and a mobile charging point. HPS supplied 7-8 hours of power to these villages after sundown.

Click Here for the full story

Innovation, Motivations, News

Self-Driving Car Test: Steve Mahan

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We announced our self-driving car project in 2010 to make driving safer, more enjoyable, and more efficient. Having safely completed over 200,000 miles of computer-led driving, we wanted to share one of our favorite moments. Here’s Steve, who joined us for a special drive on a carefully programmed route to experience being behind the wheel in a whole new way. We organized this test as a technical experiment, but we think it’s also a promising look at what autonomous technology may one day deliver if rigorous technology and safety standards can be met.

Innovation, Motivations

36 Clever (And Quirky) Packaging Designs

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First impressions make all the difference, especially in a fast-paced age when everyone is just too busy to take a step back to wait and see. But what kind of design will impress the consumers? In this particular post we want to show you some possible answers by showcasing 36 extraordinary packaging designs by extraordinary designers.

Click Here for some really clever, innovative, eye-catching packaging designs.

 

Courtesy : Delzin Tantra