Reverse Innovation guru Vijay Govindrajan talks about technology in third world countries that provides. an ECG for 30cents, artificial leg for $30 and and an Open Heart surgery for $2,000.
The quality generated by these technologies being on par with or better than that in USA. And Dr.J implants an artificial leg on an elephant in Thailand,which makes the elephant walk normally.
And How about a USD 300 house?? …
Added by Shyamsunder Panchavati on May 16, 2012 at 6:00am — No Comments
There was a time when the Innovation was considered to emanate from the rich countries like USA Germany, & Britain and spread to the rest of the developed world and then when it became obsolete in the developed world, it used to slowly drip down to the developing world as new technology. This was considered the process and procedure for the better part of the 20th century, and was closer to the reality of the times also.
In India, the…Continue
Added by Shyamsunder Panchavati on February 10, 2011 at 2:25am — No Comments