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The growing competition in the Indian Pharmaceutical Industry has emphasized that they utilize resources in an effective manner to ensure sustainable growth. Using data of 116 India pharmaceutical companies for the year financial year 2013–14, we find that R&D expenditures are statistically significant along with expenditure on physical and human capital in explaining the sales performance. We...
Innovation in services is one of the prime drivers of several economies. There are various schools of thought that have emerged over the past few decades in this area. The present paper focuses on the evolution of the ‘synthesis’ school of thought. It contributes to literature by extending the framework proposed by Lancaster (The Journal of Political Economy, 74(2), 132–157, 1966) and other researchers...
The world of today is not looking for innovations that are mere incremental but those that are disruptive. Aakash, the Low Cost Tablet (LCT) initiative by Indian govt. was launched in 2011 amidst dominance by the likes of Apple, Amazon, and Samsung etc. Single most objective of this initiative was affordable ICT learning tool for the 220+ million students. LCT like Aakash can be seen as a disruptive...
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