'I Have a Dream': Lucent Pharmaceuticals

13 Pages Posted: 23 Sep 2012 Last revised: 4 Oct 2013

See all articles by Manoj Joshi

Manoj Joshi

Amity University

Apoorva Srivastava

Amity University, Lucknow Campus - Amity Business School

Date Written: September 22, 2012

Abstract

Deepak rushed to Lucknow after his family business failed. The family was succumbed to live in a room that had no electricity and doors. But Deepak had an innate desire, as he always narrated, 'I have a dream and song to sing, to help me cope, with anything; if you see the wonders of a fairy tale; you can take the future even if you fail.' He dreamt big, to emerge as an industrialist and help the needy! Steered by his intent to be an entrepreneur, he lately established a pharmaceutical company in the name of Lucent Pharmaceuticals’. The challenge was to establish his innovative Ayurveda based pharmaceutical product and build customers. The road has not been smooth and the challenges ahead have been many.

Despite the ability to cope with barriers, risks and uncertainties, Deepak and his company Lucent Pharmaceutical is under a challenge to grow globally and emerge from its nascent structure. The imbroglio is how to expand?

Keywords: entrepreneur, entrepreneurial process and behavior, new venture, pharmaceuticals, ayurveda, strategy

Suggested Citation

Joshi, Manoj and Srivastava, Apoorva, 'I Have a Dream': Lucent Pharmaceuticals (September 22, 2012). Available at SSRN: https://ssrn.com/abstract=2150467 or http://dx.doi.org/10.2139/ssrn.2150467

Manoj Joshi (Contact Author)

Amity University ( email )

Amity University, Lucknow Campus
Viraj Khand-5, Gomtinagar
Lucknow-UP-India
India
+91-9415017498 (Phone)

HOME PAGE: http://www.amity.edu

Apoorva Srivastava

Amity University, Lucknow Campus - Amity Business School ( email )

F-3 Block
Sector-125,
Noida, Uttar Pradesh 201301
India

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