ISBInsight: This is the second edition of the India Conference on Innovation, Intellectual Property and Competition that was seeded in 2018 by ISB. What was the genesis of IIPC?
Any country requires innovation for its economic growth. Ever since India signed the Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS) and the patent law was strengthened in accordance with …Read More »
ISBInsight: What business incident triggered your writing of this case?
Anand Nandkumar: When I came to India in 2007 after completing my PhD, there was a lot of discussion on pharmaceuticals and Intellectual Property Rights (IPR). Around that time, the Swiss pharma company Novartis was denied a patent for the blood cancer drug Glivec in India after their seven-year long litigation to get Indian patent rights.
The Glivec …Read More »
ISBInsight: Thought leaders from academia and industry have converged at the picturesque ISB campus for conversations, debates, and discoveries around Strategy. Why did you pick India and Hyderabad for a Strategy conference?
Charles Dhanaraj: Everyone acknowledges the fact that India is the world’s fastest growing major economy, having come a long way after it opened itself up to market forces. Over …Read More »
Since the 1980s, there has been a global trend towards harmonising Intellectual Property (IP) laws around the world. In order to comply with this global mandate, developing countries, such as India and China, have had to reform their IP laws and bring them up to global standards. Most developing countries including India have traditionally preferred a “weak” IP Rights (IPR) …Read More »
Anand Nandkumar: Setting up a group within a company to assist the entire group’s innovation activities, is a new phenomenon in India. Let us start by understanding how exactly the Chief Technology Officer’s team facilitates innovation at the intersection of all the companies.
Gopichand Katragadda: The key word, in fact, is facilitation, rather than supervision. That is the way I looked …Read More »
ISBInsight: An emerging trend in innovation is cluster development. This is where universities and start-ups are coming together and working with businesses to invest in ideation as well as execution. What are some benefits and challenges of this approach?
Anand Nandkumar: There are many benefits from this kind of arrangement. Companies are typically searching for the next big idea. But given …Read More »
From virtually being non-existent in 2000, India had the third largest number of start-ups behind only the US and the UK in 2016 (see Figure 1). Most of this activity can be attributed to increased startup activity in the Information, Communication and Technology (ICT) sector (see Figure 2). What is even more impressive is the fact that India ranks third …Read More »
Increasing international trade between nations has coincided with a surge in MNFs conducting their R&D activity overseas in countries such as India and China. Fortune 500 firms have about 100 R&D laboratories in China and about 63 in India. Moreover, according to a survey by The Economist, about 83% of the new R&D centres added by Fortune 1000 firms are …Read More »
Indian firms are relatively well acknowledged for their ability to generate non-technical innovations such as new business models. For instance, the global service delivery model that emerged from India resulted in the advent of the Indian software industry. However, India’s competence in generating technological innovations is relatively unknown. This paper presents an analysis of Indian patent data to better understand …Read More »
Environment impacts performance capabilities of entrepreneurial firms.
BASED ON THE RESEARCH OF ANAND NANDKUMAR (ISB) AND ASHISH ARORA (DUKE UNIVERSITY)
The typical entrepreneur dreams of creating a business that creates wealth; however, he can only do so if he survives to see his idea blossom. Further, the more accomplished he is, the more likely he would like his idea to blossom fast, …Read More »