Unleashing India's Innovation: Toward Sustainable and Inclusive Growth

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Mark Dutz
World Bank Publications, Oct 15, 2007 - Business & Economics - 224 pages
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India's recent growth rate has been impressive, with real GDP rising by over 8 percent a yearsince 2004. The country is also becoming a top global innovator for high-tech products andservices. Still, India is underperforming relative to its innovation potential. Even a dynamicyoung population--more than half of whom are under 25 years of age--is constrained when skillstraining 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 andcommercialization of new knowledge and the diffusion and absorption of existing knowledge in newcontexts. A unique feature is the book's focus on inclusive innovation, that is, knowledge creationand absorption activities most relevant to the needs of the poor. Concrete recommendations aremade for increasing productivity and welfare through the disciplining role of competition, includingtraining and education, information infrastructure, and public and private finance as supportmechanisms for broad-based innovation. 'Unleashing India's Innovation: Toward Sustainable and Inclusive Growth' provides nationaland 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.

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Page 144 - Refers to total enrolment in a specific level of education, regardless of age, expressed as a percentage of the official school-age population corresponding to the same level of education in a given school year (UNESCO, 2000).
Page 61 - Energy, and Health and Human Services, the National Aeronautics and Space Administration, and the National Science Foundation.
Page 113 - Management set up a non-profit governmental organization (NGO) called the Society for Research and Initiatives for Sustainable Technologies and Institutions (SRISTI) to "strengthen the capacity of grassroots inventors, innovators and ecopreneurs engaged in conserving biodiversity and developing eco-friendly solutions to local problems.
Page 193 - Appropriate Growth Policy: A Unifying Framework." Journal of the European Economic Association 4 (2-3): 269-314. Akamatsu, Kaname. 1961. "A Theory of Unbalanced Growth in the World Economy.
Page 9 - Intellectual Property Rights Issues Bilateral tensions often have arisen over US allegations that Korea does not sufficiently protect intellectual property rights (IPRs). Since becoming a signatory to the World Trade Organization (WTO) Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPs) in 1994, USTR has moved Korea back and forth between the Special 301 "priority watch list...
Page 60 - II awards of up to $750,000, for as many as two years, expand Phase I results. During this time, the R&D work is performed and the developer evaluates commercialization potential. Only Phase I award winners are considered for Phase II. • Phase III is the period during which Phase II innovation moves from the laboratory into the marketplace.
Page 100 - It is, therefore, suggested that the Reserve Bank of India and the National Bank for Agriculture and Rural Development...
Page 123 - France, Germany, Italy, Japan, Spain, the United Kingdom, and the United States for the year 1975, extending his earlier study of productivity trends.
Page 137 - NRF for implementation through the Directorate General of Employment and Training under the Ministry of Labour for workers who have been rendered surplus or taken voluntary retirement.
Page 64 - The Council of Scientific and Industrial Research (CSIR) was set up in 1942 as an autonomous body under the Registration of Societies Act XXI of 1860.

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