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Are Indian Startups Lacking Innovation?

Created by : Namrata Pathak, Accounts Manager, American Express  | 09 10 2010 10:55:12 +0000
Industry : Management & Strategy ConsultingFunctional Area : India(Markets)
Keywords : startups indian startups indian startups lacking innovation
Activity:  294 views;  last activity : 10 03 2010 15:55:18 +0000

The Indian startup arena is undoubtedly a rapidly growing one with hundreds of passionate entrepreneurs. Inspiration is one vital thing to keep us going forward but what sucks is when that inspiration takes an ugly face and becomes a rip off. Let me share few examples but this is not to hurt anyone.

Grabbon from Groupon

 

 

                                                      

Are Indian Startups Lacking Innovation? 

    

  
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Yes they are. Getting inspired is not wrong but they should innovate from it. They badly lack creativity, there is no short cut to success. So unless you be unique you are not going to be successful.....  
By Namrata Pathak, Accounts Manager, American Express  09 10 2010 10:57:07 +0000
 
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Our education system is such that expects us to be book worm and we have been brought up in a very conservative and closeted environment where latent talent and thinking out of box are not taught. Then, how can we expect them to be innovative. They would obviously try to imitative what others have done, locally or internationally!
By S. Muralidharan, Executive Director, Knowledge Foundation & Campus Around the Corner  | 10 03 2010 15:55:18 +0000
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We have an immitative mindset. We look at our rivals so closely, that we end up copying them instead of innovating.
By neha singh, Content Editor, Avestia Corp  | 10 03 2010 13:48:29 +0000
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I totally agree with you Miss Namrata.
By Nohar Singh Dhruv, Jr. Engg, Chhatisgarh State Electrical Board  | 10 03 2010 05:15:06 +0000
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Hello Namrata, Yes. It is true. You cannot blame our Engineers, students and scholars. We should blame our college, Enterpriser and the Industry in general. The reason behind this,  they dint invest in R & D and new Technology. Unless you support and encourage the talent, innovation will be difficult. Still we are better in some areas.

K Rajagopalan.   
By k Rajagopalan, Area Manager, Amitex Polymers (P) Ltd.  | 10 02 2010 16:26:36 +0000
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Yes you are correct Mr.Namrata.

 
By NATTERAJA R. ARIKRISHNAN, GM-Projects, Bentec Electricals & Electronics Pvt. Ltd  | 09 19 2010 11:38:53 +0000
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The companies that treat innovation as a corporate process lose it in the long run. Innovation demands a green house of ideation that can best be monitored, not controlled.Most Indian companies fall short in this area.
By Sudhir Raikar, Partner/Principal/VP, Studio Rainbow  | 09 14 2010 08:13:55 +0000
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I agree with Namrata on the suject. One should be thorough on the entire start up process and only by arranging funds should think rest of the things will be done by others.

Should take prctical route sucess will autometically be acheived. The one who feels shortcuts will help they will never accheive success. 

 

 
By Rathin Deb, Freelance Retail Consultant  | 09 11 2010 14:16:03 +0000
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yes... and no... most Indian start-ups are lacking innovation. but there are some out there who have innovative ideas and don't get any support from sponsors because their ideas seem too farfetched. it is not fair to generalize the new entrepreneur by saying that he lacks innovation. what our innovators lack now a days are funds... and those whose projects are accepted... are unfortunately based on tried and tested models and thus... can be safely said... copied.
By Nimish Deshpande, Strategist, AbstractionZ  | 09 10 2010 15:24:46 +0000
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It may be sad to note that we Indians, like to copy others ( other countrymen ) hence we lack innovation.Therefore I support this idea.
By Ganta Achuthan Sripathy, Proprietor , Sripathy Consultancy Services  | 09 10 2010 15:09:49 +0000
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Yes but its not there fault but its the fault of education system. From our childhood everybody( teachers , family ) stress on cramming the things and score as much marks as we can,they don't see the qualities and the limits of the child and most importantly the interest of the child..
By Jasmeet Singh, Lecturer, GTBIT  | 09 10 2010 11:59:23 +0000
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depends on how one defines innovation... Start ups need to innovate operationally at all times to survive... so didn't quite understand your sentence
By Yeshasvini , Managing Director, e2e people practices  | 09 14 2010 12:06:53 +0000
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No, I dont feel Indian Start Up lack Innovation, they do have ideas. As per my analysis or to the extent which i know the only thing which stops them is firstly FEAR OF FAILURE and secondly INDIAN CONSUMER SPENDING let it be companies or individual, we indian still prefer purchasing tried and tested over something new, we still prefer walking horizontally rather being vertical, and lastly the MENTAL BLOCKAGE we are applauded and the decision is called sensible if we opt for brand over new entrant and if vice versa 10 people will have 10 views.
By Vishal Mishra, Strategic Account Planner, Dun & Bradstreet Information Services Pvt Ltd  | 09 13 2010 13:15:39 +0000
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they don't lack in innovation but in implementation.
By Archita Ray, Associate Consultant, Quadrangle Consulting Service Ltd/ Cubiks International  | 09 10 2010 17:23:13 +0000
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