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The Five Characteristics of Successful Innovators

There is not much agreement about what makes an idea innovative, and what makes an innovative idea valuable. For example, discussions on whether the internet is a better invention than the wheel are more likely to reveal personal preferences than logical argumentation. Likewise, experts disagree on the type and level of innovation that is most beneficial for organizations. Somestudiessuggest that radical innovation (which does sound sexy) confers sustainable competitive advantages, butothersshow that “mild” innovation – think iPhone 5 rather than the original iPhone – is generally more effective, not least because it reduces market uncertainty. There is also inconclusive evidence on whether we should pay attention to consumers’ views, with somestudiesshowing that a customer focus is detrimental for innovation because it equates to playing catch-up, butothersarguing for it. Even Henry Ford’s famous quote on the subject – “if I had asked people what they wanted, they would have said fast…

Naidu makes strong pitch for investment in AP

Anil Ambani announces Rs. 5000 cr for defence manufacturing facility at Andhra Pradesh during the three-day summit.

The 22nd edition of Confederate of Indian Industry or CII Partnership Summit, kicks off in Visakhapatnam and has been organised to showcase investment opportunities in ‘Sunrise Andhra Pradesh’. The three-day event is expected to see signing of over 100 MoUs.

Union Finance Minister Arun Jaitley, Andhra Pradesh Chief Minister Chandrababu Naidu and several other union ministers such as P. Ashok Gajapati Raju, Nirmala Sitharaman and Y.S. Choudhary are present at the event.
The summit will see signing of MoUs envisaging an investment of Rs.2 lakh crore.

Latest updates:
>> Finance Minister Arun Jaitley says, "After Start Up India, we are going to launch a new programme called Stand Up India. Stand Up India is available to only two sections of society- women entrepreneurs and the SC,ST entrepreneurs."

"Every public sector and private sector bank, each branch in the country has to fund one SC,ST and one woman entrepreneur." adds Mr. Jaitley

>> "PM Modi is successful in converting cooperative federalism into competitive federalism. I say AP has many assets to become an investors' destination because of dynamic leadership and ecosystem," says Mr. Jaitley at the inauguration of CII Partnership Meet.

>> Mr. Naidu makes a fervent appeal to Finance Minister Arun Jaitley on funding liberally to rebuild AP.

>> At the opening ceremony of the CII partnership Meet, Andhra Pradesh CM Chandrababu Naidu makes a strong pitch for investment in Sunrise Andhra Pradesh. Ensures clearance to industries in 21 days. Says we will be come No. 1 State in ease of doing business by simplifying procedures and ending permission raj.
  "Amaravati is going to one of the most outstanding global cities in the world." - Shri
— Sunrise AP (@Sunrise_AP)January 10, 2016
>> Nearly 1,600 delegates including 350 from U.S., China and 39 other countries are present at the summit, says CII Director General ChandrJit Banerjee in opening address. He says this is the largest ever turnout at the Partnership Summit.

>> Union Ministers P. Ashok Gajapati Raju, Nirmala Sitharaman and Y.S. Choudhary are present.

>> Anil Ambani, Naushad Forbes, G.M. Rao and Adi Godej are among the VVIPs present. With over 1,300 delegates, AP targets for some high-level investments in the state.

>> After the dance show, the 22nd edition of CII Partnership Summit and Sunrise AP Investment Meet begins.

>>Programme begins with Dhimsa and other folk dances highlighting the importance of AP as Sunrise State.

>> Mr. Jaitley is greeted by CII Director General Chandrajit Banerjee, president Sumit Mazumdar and Dept. Of Industrial Policy & Promotion Amitabh Kant. Dignitaries arrive at main venue of CII Partnership Summit.

>> Union Finance Minister Arun Jaitley arrives at the summit. He inaugurates the expo on AP-India's Sunrise State as USP.

>> Mr. Naidu accompanied by Union Commerce Minister Nirmala Sitharaman arrive at Harbour Park which is the venue of summit. They go around the exhibition being conducted by Industries Department.

>> Red carpet rolled out to welcome Union Finance Minister Arun Jaitley, Chief Minister Chandrababu Naidu and other VIPs at CII Partnership Summit.

>> The summit with focus on projecting Andhra Pradesh as Sunrise State has attracted 1300-odd delegates with over 300 from 41 countries
>> Delegates from across the world have started arriving in the city. Union Finance Minister Arun Jaitley will inaugurate the summit at 3 p.m.

>> Commandos of Greyhounds and Octopus, along with local police, have been positioned at various vulnerable points as part of the security measures for the summit being held for three days at APIIC Harbour Park.

>> Commissioner of Police Amit Garg says they are taking no chance as far as security isconcerned.

>> Chief Minister N. Chandrababu Naidu will deliver keynote address at the inaugural session, spelling out his government’s priorities.