Can Philanthropic Money Spur Innovation?

Quite a bit actually, and this is particularly true in biomedicine. We just need to look at the history of philanthropic foundations and their impact on healthcare, beginning from Carnegie to Rockefeller, Howard Hughes to Bill and Melinda Gates Foundation, the latter having raised it to a scale that even some countries can’t be a […]

Aakash Debacle: Why we're not Surprised

Is Aakash tablet finally getting shelved? Will DataWind bag more orders? Has the tablet failed pilot tests? The Guardian wrote it could herald an Internet revolution. Even at half price, few opt for world’s cheapest tablet, screamed another headline in The Indian Express. The opinions have swung from one extreme to the other. If you […]

Aakash Debacle: Why we’re not Surprised

Is Aakash tablet finally getting shelved? Will DataWind bag more orders? Has the tablet failed pilot tests? The Guardian wrote it could herald an Internet revolution. Even at half price, few opt for world’s cheapest tablet, screamed another headline in The Indian Express. The opinions have swung from one extreme to the other. If you […]

In Restoring Romance to Research, Infosys is still the Bellwether

By now it’s common understanding that countries that took huge bets on research, not only to advance their knowledge stock but gain competitive advantage, have reaped great rewards. A notable example is the United States. Author Thomas Friedman says public funded research is the one of the five pillars ofAmerica’s success. Watching all the Infosys […]

Is Medical Technology Coming of Age in India?

One way, though not the surest, to gauge the maturity of emerging technologies is to follow the venture money. So when I heard Sudhir Sethi, founder chairman and managing director of IDG Ventures India, say that his next investment, to close very soon, is going to be in a medical device company, I wasn’t surprised. […]