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The state of product development.

Publication: Research Technology Management
Publication Date: 01-JAN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Innovation and RD&E is the engine of growth in India. I recently completed a three-week tour of the country, gave a number of public seminars on product innovation management to industry leaders, and met with others privately. It was indeed an eye-opener!

India is clearly on the move but heading down quite a different road than China. India may be the first developing country that uses its brain power, and not low-cost labor or natural resources, to achieve Western-style prosperity. A lot of India's R&D or product development effort is IT-based, much of it outsourcing work by firms such as Wipro (undertaking IT work for Western companies); but a substantial percentage is by local software firms designing, developing and selling their own software products.

Much product design work is underway in India too, for example: Nokia has a huge design center that designs much of the...

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