Recession is the Perfect Time to Innovate

“Recessions signal end of an era; out goes the old way of doing things and room is made for the entrepreneurs to come with new innovative ideas.”

This is according to Kanwal Rekhi, a legendary Silicon Valley entrepreneur and graduate of Michigan Technological University’s electrical engineering program. Dr. Rekhi made this intriguing statement in an article recently published by SiliconIndia Magazine. In this article, he also compares India with the U.S. in the 70’s and 80’s, when many great start-ups were created.

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