How important is innovation for an entrepreneurship to succeed?
Very important. The span of innovation should go beyond technology and engineering, and should cover all organisational issues such as finance, administration, operational processes, and HR. Organisations succeed when they are able to differentiate themselves on any parameter(s) which the customer recognises and values. What is it about IITs that sets its graduates apart from others? I think the question is flawed. IIT-ians are part of the overall system and society, and are not different. There are several outstanding performers who have not been to IIT. Having said that, I must add, however, IITs have been a good platform for those students who were lucky enough to get through the entrance exams. The IITs provide a stimulating environment for learning, an outstanding peer group for comparison and improvement, and good faculty. Several other institutions in India in various disciplines are just as good at IIT in their areas. When you made it to IIT; what was that experience like? I wa
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