Showing posts with label Research and Develoment. Show all posts
Showing posts with label Research and Develoment. Show all posts

Tuesday, July 29, 2008

Innovation Chain

Industry relies on innovation to remain competitive.
R&D institutions serve as the fountainhead of such innovation nad academia provide the knowledge required for that innovation.

R. Sunder

Partner Founder
BiSS(P) Ltd.

"Pain and Excitement of Taking Technology to the Market"
Vikalpa
October - December 2004

Product development

Product development involves five per cent effort towards getting it to work and the remainder 95 per cent towards converting it into a useful device that will meet someone else's requirement.

R. Sunder

Partner Founder
BiSS(P) Ltd.

"Pain and Excitement of Taking Technology to the Market"
Vikalpa
October - December 2004

Reward not for Brilliance but for Providing a Solution

The market does not reward anyone for his knowledge or brilliance. Rewards await only those who have a solution to offer that meets specific existing requirement.

A student can be rewarded for his knowledge and his brilliance because his sole responsibility is to learn.

Customer satisfaction needs to be the focus of development activity if rewards or appreciation is to be expected.

R. Sunder

Partner Founder
BiSS(P) Ltd.

"Pain and Excitement of Taking Technology to the Market"
Vikalpa
October - December 2004