Author: Dr Jitendra Kumar

Innovation is the key word in the economic growth of nations in modern times, which means developing science and technology to create viable businesses to solve unmet needs. More the investments and focus on innovation, better the unique competitive advantage leading to economic growth. The next key word that follows innovation like an obvious corollary is ‘startups’, which refers to the vehicles through which innovation led viable businesses can be created. Noted economist Hernando De Soto studied and analysed the reasons behind the prosperity of some nations. Based on his extensive research, he concluded that nations that were able to…