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the3h - Hum Hain Hindustani
Topic: agriculture & rural development | authors | business & finance | design | economy | education | entrepreneurship & innovation | environment | general | healthcare | human resources | nonprofit | people | policy & governance | reviews | science & technology | university research
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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 | 2017 | 2018 | 2019 | 2020 | jan'21 | feb'21 | mar'21 | apr'21 | may'21 | jun'21 | jul'21 | aug'21 | sep'21 | oct'21 | nov'21 | dec'21 | jan'22 | feb'22 | mar'22 | apr'22 | may'22 | jun'22 | jul'22 | aug'22 | sep'22 | oct'22 | nov'22 | dec'22 | jan'23 | feb'23 | mar'23 | apr'23 | may'23 | jun'23 | jul'23 | aug'23 | sep'23

mawdesigns
Topic: architecture | authors | design education | design entrepreneurship | engineering & technology | fashion & textile | furniture & interior | general | graphic | human resources | industrial & product | landscape | people | reviews | university research | web
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anasmark
Topic: advertising | analytics & research | authors | branding | b2b | communication | content | customer | digital & technology | general | human resources | mypitch | people | public relations | retail | sales | university research
Date: 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | jan'21 | feb'21 | mar'21 | apr'21 | may'21 | jun'21 | jul'21 | aug'21 | sep'21 | oct'21 | nov'21 | dec'21 | jan'22 | feb'22 | mar'22 | apr'22 | may'22 | jun'22 | jul'22 | aug'22 | sep'22 | oct'22 | nov'22 | dec'22 | jan'23 | feb'23 | mar'23 | apr'23 | may'23 | jun'23 | jul'23 | aug'23 | sep'23

ilmeds
Topic: authors | charity & philanthropy | csr | entrepreneurship & innovation | finance & fundraising | general | human resources | ilearn | people | policy & governance | social enterprise | technology | university research
Date: 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | jan'21 | feb'21 | mar'21 | apr'21 | may'21 | jun'21 | jul'21 | aug'21 | sep'21 | oct'21 | nov'21 | dec'21 | jan'22 | feb'22 | mar'22 | apr'22 | may'22 | jun'22 | jul'22 | aug'22 | sep'22 | oct'22 | nov'22 | dec'22 | jan'23 | feb'23 | mar'23 | apr'23 | may'23 | jun'23 | jul'23 | aug'23 | sep'23


Headlines

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MSMEs Vital to Indian Economy: Significant Contributions in GVA, Manufacturing | SME Street, 11 feb 2024
The Art of a Good Unicorn: Is story bias affecting India's startup environment? | Hindustan Times, 11 feb 2024
Eco India: How regenerative agriculture is helping small farmers grow and earn better in urban hubs | Scroll.in, 11 feb 2024
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Charitable Giving Strategies For Young Professionals | Forbes, 11 feb 2024
Sustainability Marketing Just Got Tricky, And Better | Forbes, 11 feb 2024
Five ways how AI has changed the education industry in India | The Financial Express, 10 feb 2024
Bridging the Opportunity Gap in Social Sector AI | Stanford HAI, 10 feb 2024
How to Elevate Employee Engagement and Community Impact Through Workplace Volunteer Programs | America's Charities, 10 feb 2024
Embracing Digital Sociology To Unlock The Next Marketing Frontier | Forbes, 10 feb 2024
How AI is transforming the business of advertising | The Financial Times, 10 feb 2024
Why John Dewey's vision for education and democracy still resonates today | The Conversation, 09 feb 2024
Mental Health Matters In Schools: Regulation's Role In Education | Forbes, 09 feb 2024
Healing Architecture for Care and Recovery: Iconic Design with Colorful Concepts | ArchDaily, 09 feb 2024
Sonic branding will gain traction in 2024: But what is the recipe for success? | Marketing Interactive, 09 feb 2024
Artificial Intelligence: is it right for Industrial Design? | designwanted, 07 feb 2024
Meeting the AI moment with action and change | Think with Google, 07 feb 2024
What is digital PR for SEO? | Search Engine Land, 07 feb 2024
A report says that the adoption of AI in the Indian healthcare sector will create almost 3 million jobs by 2028 | IndiaAI.gov.in, 06 feb 2024
Interim Budget 2024: Impact on the macroeconomics of Indian economy | EY, 06 feb 2024
Social enterprise and impact investing events in 2024 | Pioneers Post, 06 feb 2024
The combined power of profit and purpose: the impact of social entrepreneurship | Cape Business News, 06 feb 2024
10 Best AI Fashion Designer Tools (February 2024) | Unite AI, 05 feb 2024
12 Social Entrepreneurship Courses (Free + Paid) | Causeartist, 05 feb 2024
Smart Ways to Use Customer Feedback | Business.com, 05 feb 2024
How product design can yield 'triple wins': Growth, margin, and sustainability | McKinsey & Company, 31 jan 2024
Navigating Innovation As A Nonprofit Leader In Healthcare | Forbes, 29 jan 2024
Best web design software in 2024 | TechRadar, 22 jan 2024
Decoding what consumers really want: How to accelerate innovation with AI-enabled consumer insights | PreScouter, 22 jan 2024
A Pessimist's Guide to Global Economic Risks in 2024 | Bloomberg, 16 jan 2024
The Startup Boom and Eco-Innovation Enthusiasm in India | The CSR Journal, 16 jan 2024
13 Most Advanced Countries in Agriculture Technology | Yahoo, 13 jan 2024
India's Healthcare Industry Comes of Age | Bain & Company, 03 jan 2024
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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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