General / Interesting

Research Consortia

by V S Rama Rao February 14, 2012 General / Interesting

Research consortia consists of a number of organizations working together on a relatively well specified project. The rationale for joining a research consortium includes sharing the cost and risk of research, pooling scarce expertise and equipment, performing pre-competitive research and setting of standards. They may take many different forms, the most centralized being pooled investment [...]

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Innovation affects a Large Area

by V S Rama Rao February 1, 2012 General / Interesting

A number of characteristics of an innovation have been found to affect large areas: *Relative advantage *Compatibility *Complexity Relative advantage is the degree to which an innovation is perceived as better than the product it supersedes, or competing products. Relative advantage is typically measured in narrow economic terms – for example, cost or financial payback [...]

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Technology and Research

by V S Rama Rao January 18, 2012 General / Interesting

In the case of indeterminate supply markets a partnership or lean supply strategy may not be functional. There is evidence that such rigid supply structures may offer static efficiencies in terms of cost savings, quality improvement and reduction in development lead time, but may suffer dynamic inefficiencies when it comes to developing novel technologies products [...]

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Benefits of Collaboration

by V S Rama Rao January 17, 2012 General / Interesting

A collaborative arrangement is necessary for almost all innovation of firms, for development or commercialization but the failure rate of such alliances remains high. In this we examine the role of collaboration in the development of new technologies, products and businesses. Why do firms collaborate? What types of collaboration are most appropriate in different circumstances? [...]

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Productivity due to Innovation

by V S Rama Rao January 6, 2012 General / Interesting

The starting point might be new technological innovations in the consumer space such as CFL bulbs or Solar panels. CFL bulbs consume almost 20% electricity than a conventional bulb and Solar panels process electricity from sunlight which may be sufficient on a clear day for a household needs. Demand generation from a new consumer who looks [...]

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