Innovation & Entrepreneurship - Identifying New Business Opportunities (Panel Discussion at PanIIT 2009)

Posted by Vineet Bansal

at October 9, 2009

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Moderator: Desh Deshpande Chairman of Sycamore Networks, Tejas Networks, A123 Systems, Sandstone Capital and HiveFire

Panelists: Prof. Scott Meadow Clinical Professor of Entrepreneurship, Chicago Booth School of Business Ali Shadman Partner, JK&B Capital PM Pai Venture Partner, NEA Prabha Sinha Founder & Co-Chairman, ZS Associates

One of the many panel discussions running parallely, this one focuses on “Identifying new business opportunities”. This discussion gels with the conference theme “Innovation:. Mr. Desh, moderator, welcomes the panel. A very diverse panel with focus on opportunities in any sector establish that an opportunity in any particular field is a source of potential opportunities in many other fields.

A brief round of introduction is followed by Q&A where one of the interesting question comes on “When to pursue the ideas one has ?”. Common consensus of the panel being ASAP!! The idea needs a right platform and that’s where innovation plays its role.

Passion is what drives an entrepreneur and it’s the right people and resources which help grow it. It’s never too late to pursue what one feel is right. The panels concluded with the message to everybody that an idea needs to be presented so just don’t sit on it and bring it right people to turn it into a successful venture.