5 Lessons from the Accidental Entrepreneur, Kiran Mazumdar Shaw
4. Focus on R&D and Innovation
Research and development is the spine of every enterprise and must be given the highest priority among all the parameters. “For me, innovation has been a very important differentiator and I continue to focus on it because I really believe that innovation helps you to lead, not follow. We were established in 1978 as India’s first Biotech Company. Today’s we are Asia’s largest biopharmaceutical company and our market cap hovers between USD 1.6-2 billion,” said the Chairperson and MD of Biocon about the importance of innovation.
