Monday, August 27, 2007

Learning to innovate

Rethinking Development Realities
Jebamalai Vinanchiarachi

The only path for economic players these days is to compete through innovation, says Jebamalai Vinanchiarachi in Rethinking Development Realities (

"To innovate means to improve and develop products and process technologies, enter into new functions (design or marketing) and to move into new industries." This, says the author, is possible through three Ls, viz., linkage with dynamic sources of growth; leverage with other people's money, technology, knowledge, and markets; and learning to innovate.

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