Unleashing India's Innovation: Toward Sustainable and Inclusive Growth
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- Synopsis
- India's recent growth rate has been impressive, with real GDP rising by over 8 percent a year since 2004. The country is also becoming a top global innovator for high-tech products and services. Still, India is underperforming relative to its innovation potential. Even a dynamic young population--more than half of whom are under 25 years of age--is constrained when skills, training and higher education are insufficient. To sustain competitiveness, economic growth, andrising living standards over the long term, India needs to aggressively harness its innovation potential. The term innovation is broadly defined in this book to include both the creation and commercialization of new knowledge and the diffusion and absorption of existing knowledge in new contexts. A unique feature is the book's focus on inclusive innovation, that is, knowledge creation and absorption activities most relevant to the needs of the poor. Concrete recommendations are made for increasing productivity and welfare through the disciplining role of competition, including training and education, information infrastructure, and public and private finance as support mechanisms for broad-based innovation. 'Unleashing India's Innovation: Toward Sustainable and Inclusive Growth' provides national and local policy makers, private sector enterprises, academic and research institutions, international organizations, and civil society with a better understanding of the power of innovation to fuel economic growth and poverty reduction.
- Copyright:
- 2007
Book Details
- Book Quality:
- Publisher Quality
- ISBN-13:
- 9780821371985
- Related ISBNs:
- 9780821371985
- Publisher:
- World Bank Publications
- Date of Addition:
- 08/15/11
- Copyrighted By:
- The International Bank for Reconstruction and Development / The World Bank
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance, Earth Sciences
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.