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james123
james123 May 14 '19
. This can be seen from the fact that India filed 1,423 international patents in 2015-16 John Franklin-Myers Womens Jersey , while Japan filed 44,235, China 29,846 and South Korea 14 Brian Allen Womens Jersey ,626. 77% of venture capitalist when surveyed believed the prime reason for Indian startup to fail is the lack of innovation and unique business models.

It well known that most Indian startups are prone to emulate successful global ideas, by and large fine-tuning an existing model to serve local needs.For example, there is Ola for Uber, Gaana for Spotify Joseph Noteboom Womens Jersey , Oyo for Airbnb and many more. Due to the replication of western ideas and business models, these startups fail to create an innovative plan, which usually helps startups sustain, and subsequently grow.

The second reason is closely knitted to the first one Greg Gaines Womens Jersey , the lack of understanding and surveying of local needs and challenges, and translating it into a product. Something as basic as this can be quite challenging to crack.Most of the start-ups trying to either replicate a western idea or . Cheap Old Skool Black   Cheap Old Skool Pink   Cheap Old Skool Womens   Cheap Old Skool Mens   Cheap Old Skool White   Cheap Nike Vapormax Black   Cheap Nike Vapormax Pink   Cheap Nike Air Max   Cheap Nike Air Max 2017   Cheap Nike Air Max 2018 

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