Healthcare Economy

Insights

Innovation and Evolution

Charles Darwin once said: “In the struggle for survival, the fittest win out of the expense of their rivals because they succeed in adapting themselves best to their environment”. Interestingly, this statement... holds equally true for biology as for business; companies that fail to change and adapt to a changing environment will eventually be forced to exit the market. Innovation is the process through which firms evolve, hopefully for the better.

The Case for R&D Outsourcing

In the outsourcing territory, research and development (R&D) is considered the final frontier. That’s because R&D is seen as a source of... innovation – the mother of competitiveness, which is to be protected at any cost. As we all well know, from our business studies text books, core activities should never be outsourced.

Accountable Care – Do You Have the Right Plan?

U.S. healthcare sector is seeing turbulent times, driven by ballooning costs and the contentious Patient Protection and Affordable Care Act (PPACA). What’s more troubling... is that despite spending more than double the OECD average on healthcare, the U.S. remains one of only three nations in the OECD forum that lack universal health coverage, says the author, an associate vice president at Infosys Public Services.

Innovation: Where Life Sciences Meets Advanced Technology

In today's life science industry, the potential is sky high but competition is brutal and stakes are enormous. And this scenario can only be aptly summarized by Charles Dickens's epic line – "It was the best of times, it was the worst of times..."