Topic: Entrepreneurship

The Rise And Rise Of Family Firms

The year 1991 ushered in a new dawn for the Indian economy with economic reforms across sectors. The entrepreneurial spirit among Indians took advantage of the opportunities, and a new class of family businesses—the standalone family firms (SFFs)—emerged. In a paper titled Family Business 1990-2015: The Emerging Landscape published by the Thomas Schmidheiny Centre for Family Enterprise at the Indian School …

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Saving Lives: Emergency Medical Services in India

BY MILIND SOHONI, WITH ANUBRATA BANERJEE By the year 2025, road traffic deaths in India are expected to cross 250,000 annually. Providing timely and high-quality emergency health services is a challenge, given supply-side problems, regulatory and policy issues, and lack of awareness about emergency care in the country. A robust national emergency medical service with an interdisciplinary approach is the need …

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Developing the Next Generation Leadership for Family Business

Smooth inter-generational leadership transition is critical for the long-term survival of business organisations. In the family business context, passing on the baton to effective next-generation leaders is crucial for the continuity of family legacy. For this transition to happen effectively, it is important that family businesses develop their next generation members in a systematic manner that prudently builds their capabilities …

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Pep Up Entrepreneurs

Economic liberalisation in 1991 triggered a spurt of entrepreneurial activities in the country, once it was freed from the shackles of the licence-quota raj. It became easier to raise capital through the stock­markets and there was an influx of investment from venture capitalists. The rise of the services sector and the internet meant that people could start businesses with lower …

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Clusterpreneurship: Do entrepreneurs create and sustain clusters?

The emergence of start-up activity in the ICT sector has shown an exponential increase after 2010. The trends that stand out explain the emergence of ICT start-ups and the regional concentration of start-ups in this sector. In this article, the authors trace the evolution of ICT start-ups and provide some insights on the sectoral and geographical patterns in the industry, …

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Failure is a Necessary Part of Innovation

Sanjay Subhedar, founding Managing Director of Storm Ventures, and member of the Governing Board, ISB was at the Indian School of Business, and during his conversation with C Chitti Pantulu, former Director – Marketing and Communications, talked about the start-up environment in India, innovation landscape and the e-commerce space. Chitti Pantulu: Innovation is coming from unseen quarters. And looking at it …

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Note To Entrepreneurs: Culture Eats Strategy for Breakfast

The best of strategies are unlikely to succeed without the support of an appropriate organizational culture. As Peter Drucker said, culture eats strategy for breakfast. Entrepreneurs who find initial success in the marketplace often emphasize that innovation is a priority for their fledgling company, and even point to specific strategies to ensure continuous innovation, to help prevent copycats and “second-but-better” products entering …

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Bet on the Jockey, Not the Horse

Entrepreneurial ideas are abundant,but entrepreneurs who can execute ideas in the face of difficult odds are uncommon Steve Jobs once said, “To me, ideas are worth nothing unless executed. They are just a multiplier. Execution is worth millions.” Jobs’ comment has been recounted by many over the years, to emphasize the fact that ideas are cheap, and what really matters is execution. …

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Breaking the growth gridlock in family business

Why do growth-oriented family businesses hit a grid lock, like a super speeding car getting caught in a traffic jam at a crowded multi-point road cross? Fundamentally, growth-oriented family businesses have a rich supply of resources, such as entrepreneurship, funds, industry insight, social network and emotional support. What should such well-led family businesses that maintain steady high growth do to …

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Organisation of Technology and the Impact of Technology Interventions on Business and Society

How can firms make the transition from being low-cost service providers to becoming innovators and key drivers of value in firms’ value chains? What is the innovation dimension of Indian firms and entrepreneurship? How can technology transform the urban landscape of India? In this video, Professor Deepa Mani highlights her research and the significance of answering these questions. Dr. Deepa Mani …

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