Bangalore tech companies are using the buzz word intrapreneurship for innovation are urging employees to don their thinking caps to create new products or even independent ventures that can draw more customers. Companies use to seek technology in various areas like sports, lifestyle, retail and health. Engineers spent 10% of their working time to tweak Intuit's QuickBooks software for small business. Companies like SAP, Intuit, Qualcomm and Regalix are choosing this path as there is a precedent of small employee-led initiatives turning into big winners.
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