Monday, November 10

C. K . Prahlad on Indian Entrepreneurs

CKP, a professor with University of Michigan Business School makes these statements while addressing at the TiECon conference being held as part of 2003.

"There is a feeling that the poor are not a concern of the industry, but are the wards of the state. The industry should instead look at the poor as a source of innovation. I don't care if you do it because of a deep moral obligation or because it's a good opportunity or even just for greed."

"Don't worry too much about the resource shortages, poor infrastructure, labor laws, cost of power etc. Entrepreneurs don't sit and complain, they go and do something about those complaints. It takes a lot of imagination to be an entrepreneur. It's the ability to see a theme park in a swamp."

[ Source - CIOL]