Press Release 24 September 2010
Globally-minded innovation is on the agenda as Cambridge Judge Business School visits 10 Downing Street
On 15 September 2010, Professor Jaideep Prabhu, Jawaharlal Nehru Professor of Indian Business and Navi Radjou, Executive Director of the Centre for India & Global Business, visited 10 Downing Street to meet with Rohan Silva, Senior Policy Advisor to UK Prime Minister David Cameron. The invitation followed a recommendation to the Prime Minister's office from Lord Bilimoria after he listened to their blog on the Harvard Business Review website. The blog commented on how the UK can compete and win the 'age of austerity' by learning to deliver more value at less cost for more citizens - a frugal innovation approach which is already widely practiced in scarcity-plagued emerging markets like India.
In their meeting with Rohan Silva they discussed why Mr Cameron's government needs to relinquish parochial national innovation policies, in favour of a globally-minded innovation agenda that emphasises more cooperation and partnership with entrepreneurs and scientists in emerging markets like India. Silva expressed a great appreciation for the suggestions offered by Prabhu and Radjou, along with a promise to take them into account during the next policy planning cycle.