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Work smarter not harder [Copy link] 中文

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Post time 2012-7-5 14:03:11 |Display all floors

If its to be believed, China is ranked 30 notches higher on the global innovation index (GII) than India, and steals premier position amongst its BRICS peers.

According to the Global Innovation Index 2012 which was released by international business school INSEAD and World Intellectual Property Organisation (WIPO), China stood 34th, down four places from last year while India slipped to 64th position from 62nd last year. The Index which ranks 141 countries/economies on the basis of their innovation capabilities and results considered institutions, human capital and research, infrastructure and market and business sophistication, as well as as the results of innovation such as patents and software in determining how countries fared. Switzerland, Sweden and Singapore secured the top three places in the GII rankings.

Nonetheless, both China and India stood successively first and second when it came to the Innovation Efficiency Index, which examines how economies leverage their enabling environments to stimulate innovative results.

India which had initially invested millions in R&D and now calls innovation by the colloquial hindi term ‘Juggad’ lags behind China who is steadily rising up the value chain. With Beijing offering lucrative incentives for those that innovate, China is seeing a rise in innovation.

Take for example, Electric vehicles – this is an industry that is still very much open to innovation at the global level. Beijing is planning to invest US$8 billion in R&D at various companies in an attempt to meet a numerical target for market size by 2020. Government commitments to buy the cars for official fleets combined with incentives to consumers will guarantee a certain amount of demand. But, crucially, the actual innovation will be left to the private sector and how well Beijing implements its innovation policies.

India on the other hand, has successively curtailed R&D spending, leading to a fall in innovative products and services. The nation who gave birth to Ganpati, the elephant God who when challenged to walk around the earth, took three steps around his mother as a symbol of his world, is failing when it comes to bettering existing products and services. Barely managing to keep up with manufacturing demand, India’s lack of innovation is fueling a stagnant economy thats failing to invigorate itself.

Here India can take a page out of China’s five year plan, in mooting to scale the value chain, aspiring to build better products and services in order to improve the standards of living of her citizens.


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Post time 2012-7-6 03:04:03 |Display all floors
Work smarter not harder.?

best is don't work at all, goose will take it anyhow

joke of course but yes article is very interesting and showing Chinese increasingly innovative ways in leap toward modern industrialised country. Very good

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Post time 2012-7-6 06:25:06 |Display all floors
Even better to be the boss and have minions, pay them peanuts and reap all the profits
I'm just here for the money

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Post time 2012-7-6 14:15:41 |Display all floors
SMITHI Post time: 2012-7-6 01:04
Work smarter not harder.?

best is don't work at all, goose will take it anyhow

Cool regards

Participate in an innovative way
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请问 。。。。。... Could these discussions lead to any direct action?  at least conferencing ... 会议     。。。。。 谢谢再见。

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Post time 2012-7-6 14:20:23 |Display all floors
RavindraSk Post time: 2012-7-6 14:15
Cool regards

Participate in an innovative way

Hi Ravindra

being inovative is lords gift , i wish i had some talent too ............but so far i haven't invented a thing.

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Post time 2012-7-6 14:28:16 |Display all floors
SMITHI Post time: 2012-7-6 12:20
Hi Ravindra

being inovative is lords gift , i wish i had some talent too ............b ...

You have talents.  Just you may not have applied or shown to world.  You have Social Engineering talents that are crying to come out.  {:soso_e183:}
你好 / 您好,
请问 。。。。。... Could these discussions lead to any direct action?  at least conferencing ... 会议     。。。。。 谢谢再见。

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Post time 2012-7-6 14:29:20 |Display all floors
RavindraSk Post time: 2012-7-6 14:28
You have talents.  Just you may not have applied or shown to world.  You have Social Engineering t ...

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