Business
Why Walmart is Welcome: The Agro-Retail Revolution in India
The WSJ Asia is carrying an article (Metro’s new system produces India growth, subscribers only) that outlines how Metro, amongst others, is (re)inventing the agricultural supply chain in India:
Metro is the first Western retailer to tackle a fundamental problem facing Wal-mart and other retailers trying to enter India today: how to stock their huge supercenter […]
Venture Capital and Cleantech Innovation
Cleantech venture capital may have to accommodate longer innovation cycles if it is to reduce its dependence on subsidies and become financially sustainable.
The Economist on Private Sector Quotas
For over a year controversy has raged in India over government plans to extend quotas - India’s version of affirmative action for the lower castes - to the private sector. The plans raised the hackles of many, and for the first time led to questioning the real effectiveness of quotas. Now, the Economist has weighed […]
Continuing Troubles with the Indian Patent Act: Is Novartis On Drugs?
The Hindu has an exceptional article on the recent Novartis case in India, titled “Do Indian Patent Laws Stifle Research?” that reveals the true story behind Novartis’ failure to secure a patent for its cancer drug, Gleevec. As it turns out, Novartis took a gamble by applying for the patent not in 1993 - when […]
India Spending Big Time on Wheat and War Planes: Role of Govt
India has floated two major tenders that have everybody drooling.
The first, is for 530,000 tons of wheat, announced a week ago. Imports by India, along with Japan and Taiwan have pushed wheat prices to record highs on the Chicago Board of Trade (see chart). This import of wheat is ironic, for just a year ago […]
Microfinance Misses its Mark
In a comprehensive article on the reputed Stanford Social Innovation Review (SSIR), Aneel Karnani debunks all the hoopla surrounding microfinance. His conclusion is clear - “microfinance doesn’t cure poverty.”
The Business of Poverty: How Low-Income Credit is Dangerous
BusinessWeek recently ran a cover story on The Poverty Business: Inside U.S. companies audacious drive to extract more profit from the nation’s working poor. This is not a publication that has said much against microfinance, yet if a case had to be made against our unbridled enthusiasm for it, the lead story would serve very […]
US Supreme Court Ruling on Patents has International Implications
The Economist reported earlier this month (Patently Obvious - May 5th issue), that the US Supreme Court had raised the bar on what deserves a patent, and qualifies as “non-obvious”. In a patent dispute ruling it stated that, “granting patent protection to advances that would occur in the ordinary course without real innovation retards progress.”
The […]
