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the3h - Hum Hain Hindustani
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glomc00 - The Global Millennium Class
Topic: agriculture & rural development | authors | business & finance | design | economy | education | entrepreneurship & innovation | environment | general | healthcare | human resources | nonprofit | people | policy & governance | publishing | reviews | science & technology | university research
Date: 2013 | 2014 | 2015 | 2016 | jan'17 | feb'17 | mar'17 | apr'17 | may'17 | jun'17 | jul'17 | aug'17 | sep'17 | oct'17 | nov'17 | dec'17 | jan'18 | feb'18 | mar'18 | apr'18 | may'18 | jun'18 | jul'18 | aug'18 | sep'18 | oct'18 | nov'18 | dec'18 | jan'19 | feb'19 | mar'19

mawdesigns
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anasmark
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ilmeds
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Date: 2013 | 2014 | 2015 | 2016 | jan'17 | feb'17 | mar'17 | apr'17 | may'17 | jun'17 | jul'17 | aug'17 | sep'17 | oct'17 | nov'17 | dec'17 | jan'18 | feb'18 | mar'18 | apr'18 | may'18 | jun'18 | jul'18 | aug'18 | sep'18 | oct'18 | nov'18 | dec'18 | jan'19 | feb'19 | mar'19


Headlines

Closing the health care coverage gap good for business | Reflector.com, 13 apr 2019
High prevalence of healthcare-associated infections and low testing rates found in EU hospitals | Medical Xpress, 13 apr 2019
'New technology won't replace nurses' | Manx Radio, 13 apr 2019
Chill in global economy prompts G20 call for trade truce | Gulf Today, 13 apr 2019
The era of eco-friendly interior design innovation has arrived | euronews, 13 apr 2019
3D Printing at Milan Design Week 2019 goes extra large | 3D Printing Media Network, 13 apr 2019
Designing your home around nature | The Daily Telegraph, 13 apr 2019
Krauss: Self-perpetuating nonprofit boards should change | Rutlant Herald, 13 apr 2019
What isolated and lonely social entrepreneurs of poorer countries need | Devdiscourse, 13 apr 2019
Successful, Sustainable Innovation: Using Drucker Philosophies To Achieve That Goal | International Business Times, 13 apr 2019
Businesses need to adapt to new marketing challenges, say experts | Gulf Today, 13 apr 2019
Why Are We So Attracted To Minimalist Branding? | LONNY, 13 apr 2019
WHY YOUR TECH STARTUP NEEDS PR | Tech Voice Africa, 13 apr 2019
Up the robotics game | The Hindu, 13 apr 2019
Medical Devices Manufacturing Industry | Economic & Political Weekly, 13 apr 2019
How Modi ministries have fared since 2014: A report card | India Today, 13 apr 2019
Root Cause of Agrarian Crisis Lies in Economics, Not Technology: MS Swaminathan | NewsClick, 13 apr 2019
E-learning platforms slowly changing Indian education landscape | The Economic Times, 12 apr 2019
Infrastructure or healthcare: Where did MPs spend funds in India? | Business Standard, 12 apr 2019
Regulatory Vacuum in Healthcare Is Aiding Exploitation by Private Hospitals | The Wire, 12 apr 2019
Reimagining the future of dispute resolution via India's first E-ADR Challenge | YourStory, 12 apr 2019
Leading Higher Education Into The Future | Forbes, 12 apr 2019
Machine learning is making established industries smarter | Built In, 12 apr 2019
Network, Cloud Monitoring Is Healthcare Cybersecurity Challenge | HIT Infrastructure, 12 apr 2019
China's imports slump sparks fresh fears about global economy | The Guardian, 12 apr 2019
Technology eases farming 'drudgery' and risk as climate threats grow | Reuters, 12 apr 2019
What design tools get wrong | Fast Company, 12 apr 2019
OPINION: Automotive is ready for metal Additive Manufacturing | The Economic Times, 12 apr 2019
How to create a strong risk register | Third Sector, 12 apr 2019
The Achievements behind America's Great Philanthropist | Capital Research Center, 12 apr 2019
To spur rural development, China to send millions of students on 'volunteering' trips | Reuters, 12 apr 2019
Marketing Has Evolved From Changing Perception To Changing Behavior: Ravi Desai, Director Mass And Brand Marketing, Amazon | Businessworld, 12 apr 2019
Opinion: Building a marketing organisation that drives growth today | MarketingTech, 12 apr 2019
8 consumer-friendly digital tools to support behavioral health | MobiHealth News, 12 apr 2019
The Customer Is Incompetent! | Customer Think, 12 apr 2019
6 Peer-Driven Tips for Improving Marketing & Sales Performance with TechTarget Priority Engine | TechTarget, 12 apr 2019
Jobs are human capital: Quality of Indian jobs is falling, there are fewer rewards for getting an education today | The Times of India, 11 apr 2019
From Smart Water Pumps to Drones: Technology is Changing Indian Farms | Krishi Jagran, 11 apr 2019
Even in China, one-size education does not fit all | The Economist, 11 apr 2019
Surviving climate change means transforming both economics and design | The Conversation, 11 apr 2019
Google Doodle celebrates 100 years of Bauhaus style | CNET, 11 apr 2019
"The master and slave mentality remains firmly embedded in architectural culture" | dezeen, 11 apr 2019
16 best portfolio websites for designers and artists | Digital Arts Online, 11 apr 2019
How corporate social responsibility can boost your bottom line | Employee Benefit Advisor, 11 apr 2019
Cool but confused: Social entrepreneurs find it harder to explain their work | Thomson Reuters Foundation, 11 apr 2019
The Secret Behind Landing Better Content Marketing Clients | Small Business Trends, 11 apr 2019
How You Influence Customer Decisions | Contracting Business, 11 apr 2019


Relationship Between Entrepreneurs and Customers to Drive Innovation

By Mohammad Anas Wahaj; MBA, University of Illinois at Urbana-Champaign, 2000, USA; BS in Mechanical Engineering, Aligarh Muslim University, 1993, India
Dated: 07 March 2015


Entrepreneurs bring creative ideas and innovations into the market. They take risks and invest their efforts, time and money. They identify unmet needs, generate employment, develop and improve products and services for the consumers and also for other businesses.

To achieve fulfilment of their goals they require support from their environment, which includes people, markets and governments. A healthy entrepreneurial community expects and needs a facilitating ecosystem where their ideas reach fruition and benefits the society as a whole.

Although everyone recognizes and acknowledges the importance of entrepreneurship for growth and development of the economy and there are variety of efforts, both by senior and successful entrepreneurs, private companies, organizations and governments to develop an entrepreneurial ecosystem at various places around the globe. But they seem to be lopsided and region-focused and sometimes just a fad without well thought out plan, consistency and commitment.

It is often observed that some places become successful entrepreneurial hubs while others continue to struggle and always keep on playing the catch-up game. Some even totally lose their entrepreneurial ecosystem due to migration of talent and even companies that start to search for better opportunities elsewhere.

In recent times, technology has tried to create a level playing field for budding entrepreneurs in different regions but it can support only some aspects of entrepreneurial and business development. Entrepreneurship and its inherent spirit has to flourish in every nook and corner of the world and every industry should get a chance to benefit from it. Entrepreneurs bring new energy into businesses and markets that otherwise become complacent and resistant to innovation once the products and services get customer's initial acceptance and start getting established as successful brands.

A strong partnership and relationship need to develop between entrepreneurs and customers, where customers continuously seek innovative and better products and services and entrepreneurs, even within the established organizations, continue to work to improve them. Customers can be important catalysts in the entrepreneurial ecosystem by showing their never-ending appetite towards betterment of everything that markets have to offer. The continuously evolving and growing relationship and exchange between entrepreneurs and customers will keep the wheel of creative and innovative activities moving.

Read More Posts on Entrepreneurship and Innovation (India)



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