subject: Mouli Cohen and Innovation [print this page] 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.
