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India's Innovation Blueprint

Book Description

In 2010, India celebrated its 60th anniversary as an independent sovereign republic. India is the fourth largest economy by gross domestic product. Economically, it is building itself as a formidable force and global influence. At the same time India has fundamental challenges: its inequities are visible; its young population tread a thin line between opportunity and pitfall; its infrastructure has gaping holes; and it’s a slow chaotic democracy. This book establishes that in spite of these challenges, a new India is emerging out of the old, colliding more often than collaborating with the old India. Much of the new India is built on the economic momentum established 20 years ago and built by private entrepreneurs. The new economic climate, together with talent and entrepreneurship, is also making India a net supplier of innovation. Going by current trends, India will become an innovation super power by 2035. This book will establish that India is not just leveraging innovation for global competitiveness alone, but is also leveraging innovation as the specific instrument for inclusive growth. This book identifies gaps in the current innovation ecosystem and recommends a portfolio approach and calls for a National Innovation System (NIS) as a blueprint to fix the gaps. It suggests that for India to succeed in identifying, funding and sustaining a balanced innovation portfolio, India will also have to succeed in eliminating poverty, increase its rural GDP manifold, and provide employment, education and health for all its citizens.

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  • Establishes and analyses the trends that support India’s global emergence as an Innovation Superpower
  • Identifies three critical levels of innovation namely grassroots innovation, national innovation and innovation for global competitiveness
  • Recommends a portfolio approach as a blueprint for the creation of a National Innovation System

Table of Contents

  1. Cover image
  2. Title page
  3. Table of Contents
  4. Copyright
  5. Dedication
  6. List of figures and tables
  7. Acknowledgments
  8. About the author
  9. Preface
  10. Foreword
  11. Chapter 1: Introduction
  12. Chapter 2: The tipping point eras
    1. A three-dimensional framework to study India
    2. 1947: Licence Raj thinking
    3. India’s decline begins
    4. What the 60 years achieved
    5. The disconnects
    6. 2007: The beginning of the innovation era
    7. Notes
  13. Chapter 3: India’s place in the new world order
    1. An upswing in the 2000s
    2. Innovation geo-dynamics: structural shifts
    3. Washington, Beijing and Delhi: new power centres?
  14. Chapter 4: Enviable growth
    1. Liberalisation breaks ground for Entrepreneurship
    2. Why Innovation is critical to sustain growth
    3. Evidence for innovation-led competitiveness
  15. Chapter 5: Groundbreaking changes
    1. Globalisation 1970
    2. The light bulb and the radio
    3. The dial tone
    4. Television
    5. Computing
    6. Mobile communications
    7. The unforgettable Ambassador
    8. Twenty-five years later
  16. Chapter 6: Innovation foundation
    1. Institutional infrastructure
    2. Industry-academia collaborations
    3. National research programmes
    4. Government commitment
    5. Impressive results
    6. Gaps in India’s innovation system
  17. Chapter 7: Gargantuan opportunities and mindless pitfalls
    1. Accelerating rural development
    2. Balancing the portfolio
    3. Examples of rural engagement
    4. Lessons from NREGS
    5. Paradox in the trenches
    6. Challenges of a noisy democracy
    7. Rural development and the political process
    8. The cost of change
    9. Mismanaged natural resources
    10. Infrastructure: elusive planning and missing accountability
    11. Opportunities in infrastructure: public-private partnerships
    12. Social change, an imperative
  18. Chapter 8: Enhancing rural GDP through inclusive innovation
    1. An inclusive innovation portfolio
    2. India’s inclusive innovators
    3. The national innovation system imperative
  19. Chapter 9: Formalising innovation through a national innovation system
    1. National innovation system – the concept
    2. Evolving an NIS for India
    3. NIS and globalisation
    4. Lessons from the US innovation model
    5. Role of the government in NIS
    6. Policy dimensions
    7. Policy areas
    8. Establishing an environment for innovation
    9. Conclusions
  20. Index