#Culture
Indian companies and innovation
All across industries Indian companies do not come up with real innovation. Startups copy what’s been done in the US and big manufacturing firms don’t innovate enough. Though we do have R&D departments and a lot of money is spent. Perhaps the one thing ingrained in us from childhood to follow a safe path ( study, college etc) has got something to do with this
Why Indian firms don’t innovate
www.thehindu.com
A majority of companies lack the capability, says William Maloney of the World Bank
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