Rajendra Pratap Gupta
Distinguished Professor of Innovation at IGNTU
THE recently released 'GE Global Innovation Barometer 2018' (GIB) is a good reference document. Having been published by a corporate, it has its share of 'business interests' at its core to ensure that the government and corporates think in a manner that helps the businesses. But some points of the report are important.
Where India stands in GIB
Since India is trying to grow to a $10 trillion economy over a decade, it must become a pioneering leader in innovation to have a sustainable growth and become a strong economy as we cannot achieve our goals without innovation. The government needs to take the lead for innovation. Instead of MNCs driving innovation in India, it must be the MSMEs that should be majorly driving it.
In 2016, the World Bank said that 69 % of the jobs in India are under threat due to automation, and that's a part of the natural evolution and maturity. But another fact that we should remember is that innovation can create more jobs than we can ever think of. Every household can have a decent job in the next 10 years and for that, we need the 'India Innovation Mission'. Innovation is not prescriptive, that is we cannot issue a GO (Government Order) that India will innovate from tomorrow.
Let's understand some basics about innovation
Innovation can be in three spheres
How to make innovation in India
So, how do we go about making India the innovation capital? India needs to set up the India Innovation Mission (I2 M), under which, the following need to be addressed:
What we can learn from the US
Innovation cannot be enforced externally and has to be inculcated as an 'intrinsic quality', facilitated by a conducive 'ecosystem', with 'planned efforts'. In India, under the I2 M, we need to bring a massive and planned change.
We should remember that earlier, we innovated when we got into a problem. Now if we don't innovate, we will get into a problem.
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