Innovation in sentence

3014 examples of Innovation in a sentence

In fact, he says, it's innovation that will keep the West ahead of the developing world, with the more sophisticated, innovative tasks being done in the developed world, and the less sophisticated, shall we say, drudge work being done in the developing world.

Could India become a source, or a global hub, of innovation, just like it's become a global hub for back office services and software development?

Will India go from being a favored destination for software services and back office services to a destination for innovation?"

Indians don't do innovation."

So we started examining the R&D and innovation labs of Silicon Valley.

Well, interestingly, what you find there is, usually you are introduced to the head of the innovation lab or the R&D center as they may call it, and more often than not, it's an Indian.

We made, I think, about a dozen trips to Bangalore, Mumbai, Gurgaon, Delhi, Hyderabad, you name it, to examine what is the level of corporate innovation in these cities.

When you ask, "Where are the Indian Googles, iPods and Viagras?" you are taking a particular perspective on innovation, which is innovation for end users, visible innovation.

Instead, innovation, if you remember, some of you may have read the famous economist Schumpeter, he said, "Innovation is novelty in how value is created and distributed."

Once you take this, there's no reason to restrict innovation, the beneficiaries of innovation, just to end users.

When you take this broader conceptualization of innovation, what we found was, India is well represented in innovation, but the innovation that is being done in India is of a form we did not anticipate, and what we did was we called it "invisible innovation."

And specifically, there are four types of invisible innovation that are coming out of India.

When we went and talked to the people in those innovation centers and asked them what are they working on, they said, "We are working on global products."

So that's the first kind of invisible innovation coming out of India.

The second kind of invisible innovation coming out of India is what we call outsourcing innovation to Indian companies, where many companies today are contracting Indian companies to do a major part of their product development work for their global products which are going to be sold to the entire world.

But of course, when you climb onto the Boeing 787, you are not going to know that this is invisible innovation out of India.

The third kind of invisible innovation coming out of India is what we call process innovations, because of an injection of intelligence by Indian firms.

Process innovation is different from product innovation.

Very quickly, they get bored, and they start innovating, and they start telling the boss how to do this job better, and out of this process innovation comes product innovations, which are then marketed around the world.

And the last kind of innovation, invisible innovation coming out of India is what we call management innovation.

It's not a new product or a new process but a new way to organize work, and the most significant management innovation to come out of India, invented by the Indian offshoring industry is what we call the global delivery model.

So, what I'm trying to say is, what we are finding in our research is, that if products for end users is the visible tip of the innovation iceberg, India is well represented in the invisible, large, submerged portion of the innovation iceberg.

Now, what happens is, when you outsource the bottom rung of the ladder to India for innovation and for R&D work, at some stage in the very near future you are going to have to confront a problem, which is where does the next step of the ladder people come from within your company?

Indian institutes and educational system, with a few exceptions, are incapable of producing students in the quantity and quality needed to keep this innovation engine going, so companies are finding innovative ways to overcome this, but in the end it does not absolve the government of the responsibility for creating this educational structure.

And also this is part of a large community where there are thousands of people around the world that are actually making these kinds of printers, and there's a lot of innovation happening because it's all open-source.

I mean, they took — They had a technology disruption, and rather than taking a business model innovation to correspond to that, they took and sought a legal solution and the industry that brought you Elvis and the Beatles is now suing children and is in danger of collapse.

Think about the innovation that went into that.

But perhaps their greatest innovation was this.

The innovation of the terrorist operations center gave terrorists unparalleled situational awareness and tactical advantage over the police and over the government.

You could rob 200 people on a train, a great innovation.

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