Guest edited by Professor Milind Sohoni, our cover story brings together academics, researchers and entrepreneurs to discuss the urgent role of emergency medical services in saving lives. Our features look at the importance of performance-related incentives in government, and the surprising effects of demonetisation on the Indian mobile phone market. In Face-to-Face, Minister Jayant Sinha speaks about UDAN, Dr VK Saraswat about the NITI Aayog and RBI Deputy Governor Viral Acharya about the research-policy interface. Also: lessons from the dissolution of international marketing joint ventures in India.
Digitisation of R&D can generate significant returns for firms through greater innovative efficiency and improved recombinant capabilities, argue Professors Deepa Mani, Rajib Saha and their colleague Aditya K.S., based on an empirical study of technology spill-overs from the IT industry across an array of other industries.
Should the novice stock investor follow the advice of television shows that purport to offer expert recommendations on stocks to buy or sell? In tracking stock price movements in the aftermath of TV stock suggestions, Professors Prachi Deuskar, Ravi Anshuman, Krishnamurthy Subramanian and Ram Thirumalai bring new light to bear on the role of informed agents in the stock market.
Access to affordable medicines and healthcare today comes with a dynamic trade-off of potential disincentives for innovation tomorrow. Using theory and techniques from applied microeconomics, Professor Chirantan Chatterjee examines these trade-offs and their welfare implications in research set in United States and Indian healthcare and pharmaceutical markets.
There is an urgent need to extend the myopic view of emergency medical services beyond operations to an interdisciplinary perspective encompassing business models, strategy, process control, policy, and innovation, says Milind Sohoni in this report on the First Practice-Based Summit on Emergency Medical Services in India.
Viral V Acharya, Deputy Governor of the Reserve Bank of India, speaks to Prachi Deuskar, Assistant Professor of Finance at ISB about central banking as a canvas for research impact.
Guest Editor for this Issue:
Milind G. Sohoni,
Professor of Operations Management and Deputy Dean, Faculty Development and Registrar's Office at the Indian School of Business (ISB).