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India's Innovation Blueprint: How the largest democracy is becoming an innovation super power

George Eby Mathew, Infosys, Australia

Chandos Asian Studies Series No. 33

 - 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
 - exhaustive literature survey to examine what makes and sustains modern India and how it compares with other nations with a similar tenure of independent history
 - recommends that like railroads and telegraph revolution, innovation driven economies require an inclusive ecosystem to thrive
 - offers a pragmatic call for action and recommends that a balanced innovation portfolio will also address rural GDP, poverty, employment, education and health for all

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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Readership: Policy makers and governments, Decision makers; leaders of both private and public sector organisations, Academics, development agencies and NGOs. Corporate, Consulting executives, Investors, Banks and R & D managers. Post Graduate and Doctoral students.

£80.00 / US$135.00 / €95.00

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About the author

George Eby Mathew is an electrical and electronics engineer by training and a former journalist with Indian Express in the early 1990s reporting on the emergence of liberalised Indian economy. Over the past 16 years, he has tracked globalisation, innovation and the emergence of India’s technology industries and has authored over 300 related articles, including advisory notes and book chapters. George is currently a Principal Business Consultant with Infosys Australia based in Sydney. Prior, he was head of IT management research at Infosys’ centre for innovation and R&D at SETLabs (Software Engineering & Technology Laboratory). He was also an analyst for Gartner.

Titles which may also be of interest:
Human Capital Management Challenges in India
The Political Economy of Corporate Responsibility in India
Prospects of Regional Economic Cooperation in South Asia
China and India

Contents

Introduction

The tipping point eras
 - A three-dimensional framework to study India
 - What the 60 years achieved
 - 2007: The beginning of the innovation era

India’s place in the new world order
 - An upswing in the 2000s
 - Innovation geodynamics: structural shifts
 - Washington, Beijing and Delhi: new power centres?

Enviable growth
 - Liberalisation breaks ground for entrepreneurship
 - Why innovation is critical to sustain growth
 - Evidence for innovation-led competitiveness

Groundbreaking changes
 - Globalisation 1970
 - The unforgettable Ambassador
 - Twenty-five years later

Innovation foundation
 - Institutional infrastructure
 - Government commitment
 - Gaps in India’s innovation system

Gargantuan opportunities and mindless pitfalls
 - Balancing the portfolio
 - Paradox in the trenches
 - Social change, an imperative

Enhancing rural GDP through inclusive innovation
 - An inclusive innovation portfolio
 - India’s inclusive innovators
 - The national innovation system imperative

Formalising innovation through a national innovation system
 - National innovation system – the concept
 - Lessons from the US innovation model
 - Establishing an environment for innovation