Mouli Cohen and Innovation

Mouli Cohen and Innovation

Mouli Cohen and Innovation

Mouli Cohen, the founder of Voltage Capital, is successful entrepreneur who advises every other entrepreneur to enhance his creativity and innovation. For Mouli Cohen, this is the most important tool to success. He firmly believes that any form of innovation is especially needed during the hard times in the economy.

Cohen pointed out that the research and development must be the top priority of businesses during a bad economy. He even mentioned that the introduction of the scotch tape during the recession in the 1930's had been popular among the people because they could not afford to replace their broken things. The solution, of course, is to repair these things through the use of scotch tape. This situation alone clearly expresses that, with innovation, a company can survive the bad economy. Though it imposes a high risk to put a lot of money in research and development, a company can definitely overcome the bad times with the successful results of the research and development.

In addition to that, you must know that big international companies invest millions in their research and development. You may not be aware of this but a simple enhancement on a product can already bring you millions of dollars. Of course, that is done through the help of the research and development team within your company.

If you are an entrepreneur like Cohen, you may want to absorb this simple advice from him. He has been successful because of his innovative ideas, and you can be successful too through innovation.

POST COMMENT

Toyota's Smart Stop Technology – Braking Innovations 2010 Afterglow's Organic Mineral Foundation: An Innovation for Sensitive Skin Unfolding the display technology innovations: from LCD TC to SED TV Derek Elliott – Entrepreneurship is equal to Innovation and Growth Anarchy In Worship or Recent Innovation Versus Presbyterianism Nike Air Force 1 Futura - Life Lies in Innovation Incubation To Drive invest Bhubaneswar | Arindam Dutta | Expert, Innovation & Incubation Forerunner Of The "shoulders" On Innovation Quest, Heroes Jingfang Singapore to Lead Biotech Innovation in APAC Next Generation India - Beyond Servicing, Drive The World With Innovation...where Is Odisha's Share? Innovation: The Key To Personal And Scientific Breakthrough Brand-new Technological innovation for a Golf sets Innovation Happening In The Weapons