From a neoclassical economics perspective, entrepreneurship involves rational decision-making and entrepreneurs engage in rational, goal-driven behavior. However, such a view is put to test in current, dynamic business environments characterized by high level of uncertainty. Expert entrepreneurs adopt a nimble, iterative and effectual approach to be able to navigate such dynamic environments. While there is… Continue reading Does Entrepreneurial Logic Impact Funding Evaluation of Startups?
Abstract Desh Deshpande, On Entrepreneurship and Impact, Melbourne and New Delhi: Prolibris Publishing India Pvt Ltd, 2016, 105 pp. ‘On Entrepreneurship and Impact’ comes from the desk of an acclaimed entrepreneur, philanthropist and impact investor, Gururaj ‘Desh’ Deshpande. This is Deshpande’s first book and focuses on broad themes of impact and entrepreneurship especially… Continue reading Book Review: Desh Deshpande, On Entrepreneurship and Impact
The term innovation, though used currently excessively in our day-to-day lives, continues to be pivotal in improving holistic performance. Though innovation is not easy to find, it is considerably more far-reaching than mere improvement. It is also important to consider the fact that institutions and organizations are faced with situations that offer grounds for… Continue reading Innovation as a Driver of Economic Growth
India is predominantly an agrarian economy. Farming contributes about 17% to India’s GDP, and about 60% of the country’s rural households depend on agriculture and its associated industries. Despite having the second-largest arable land parcel—its 160 million hectares make it second only to the US—India is way behind some developed, as well as developing, countries… Continue reading Indian farming’s next big moment: Farming as a Service
Over the last few years, Aadhaar usage has gone up significantly. 2017 was a banner year, with the Unique Identification Authority of India (UIDAI) servicing 10 billion authentication requests, and 3.5 billion electronic-Know Your Customer (eKYC) requests. September was the peak, where the UIDAI serviced an average of 48 million transactions a… Continue reading Aadhaar’s break out in India
In conversation with Sanjay Jain, Chief Innovation Officer at CIIE, as we discuss how he stays ahead of the curve and what innovation trends should we look out for in 2018. 1) There is no consistent definition of innovation. Every industry and every department perceives it differently. How do you define innovation?… Continue reading Interview with Sanjay Jain on staying ahead of the curve
“If I have a thousand ideas and only one turns out to be good, I am satisfied” — Alfred Nobel “Capital isn’t that important in business. Experience isn’t that important. You can get both of these things. What is important is ideas.” — Harvey Firestone The third edition of Power of Ideas, a… Continue reading The Who and What of the Idea Landscape in India
Abstract: Ujwal Kalra founded Memorable Shaadi in 2014 while awaiting admission to the Indian Institute of Management Ahmedabad. The startup offered services connecting clients and vendors in the Indian wedding industry. The case elaborates Ujwal’s journey as an entrepreneur and the choices he made including hiring a co-founder and working remotely while pursuing an MBA.… Continue reading Memorable Shaadi: A classic founder dilemma on scaling up one’s wedding startup in India
An incubator undergoes multiple phases during its journey from inception to growth and sustainability. This Handbook for NonProfit Incubator Managers highlights various aspects of the preparatory and development phases of the incubator’s journey. Rather than being a theoretical discourse on incubation, this Handbook intends to be a hands-on guide for current and future incubator managers.… Continue reading Handbook for Non-Profit Incubator Managers
Stay Hungry, Stay Foolish is the story of 25 such IIM Ahmedabad graduates who chose the rough road of entrepreneurship. They are diverse in age, in outlook and the industries they made a mark in. But they have one thing in common: they believed in the power of their dreams. This book seeks to… Continue reading Stay Hungry Stay Foolish