English | Italian

"We've been shipping..." (Theme) The lastest total: 100+. you can read with page flip.

close
show list
related videos
Dr Sam Pitroda - Former Advisor To The PM ( IT , Infra & Innovation )
TiEcon 2014: Impact Investing: Cross Border Innovation spurs Entrepreneurship
INNOVATION JOCKEYS CONTEST-QUICK WIT SMART INDIA
Absence of innovation, callousness of government the cause of this blackout in Delhi?
Transform India with Innovation Jockeys Season 3!
Global Innovation Roundtable 2013 - New Delhi | National Innovation Council
Continue »
Pop theme

Bibeau,Europe budget,Elizabeth II,Ebola Virus,Carswell,Marysville,Dilma Rousseff,Jeffrey Fowle,Taylor Swift,Zellweger

Related theme

india move

We've been shipping innovation: Soumitra Dutta


india innovation government

2014-07-27 23:44:32

India slipped 10 places, dropping to 76th position in the Global Innovation Index report for 2014, an annual ranking jointly published by Cornell University, INSEAD, and the World Intellectual Property Organization. One of the co-authors of the report, Soumitra Dutta, Anne and Elmer Lindseth Dean, Johnson Cornell University, tells Sudipto Dey, that India needs to invest more in human capital and research to stem the slide. Edited excerpts:

Where you surprised by India's 10 places drop in the Global Innovation Index?

It wasn't a big surprise, to be very honest. Many of India's parameters were not moving in the right direction for some time. But one must keep in mind that this is relative ranking. This does not mean that India has fallen behind. But others are

growing faster. What had happened till the recent elections was that the political structure of Parliament was such that the government had difficulty in taking strong decisions. So, the country was not moving as fast it could, or as fast it should.

I was actually expecting a drop in India's ranking. India in the last five-seven years did not do as well as it could to push progress. Innovation is something that requires progress in multiple fronts. The country did not move in a holistic manner on multiple dimensions. The countries that do well go in more or less on all the dimensions.

Does the loss of innovation edge impact India's competitiveness in global markets?

I think (India's) competitive edge has also become less sharp. Look at the sentiment when it comes to foreign investment, policies like retrospective taxes, and corruption scandals - that does not build confidence to invest in the country. In general, the competitive edge of India has decreased in relative terms.

Lot of the factors that go into measurement of innovation are human infrastructure, general infrastructure, capital markets, and business sophistication. These are generic aspects of competitiveness also. In today's world if you want a company or country to be competitive, you have to be innovative. It is very hard to be competitive on low-cost. Low-cost as a basis for competitiveness is no longer a viable strategy. That is by and large true for most emerging markets. For example, the major focus of Chinese national strategy right now is on innovation.In Mexico, the traditional outsourcing model of companies setting up offshore centres of manufacturing on the borders is no longer sufficient.

India's BRICS peers have all gone up the ladder in rank - China jumping six places at 29th and Russia by 13 places at 49th. What have they done right, that India missed?

Some of these are the result of actions taken last year, and sometime cumulative action over many years. In India, industry has not invested in R&D as much as they need to, education hasn't been improved as much as they need to, infrastructure has not improved, the business climate was made less attractive due to corruption scandals. In a way, the report reflects what has happened in the country over five-seven years.

It is not that China has solved all its problems, but what you see is that there is clearer direction, more strategic action, and more hope among people - both inside the country and outside - that some of the innovation activities that they are supporting will lead to results.

It is time to be truthful on where we stand on the global stage. In human capital and research, we are three times lagging China. India has started so many IIMs and IITs but the quality of faculty is not there. We have not invested enough in faculties.

What is your take on the role of government in improving innovation rank globally?

I do hope the Modi government does put in place an innovation agenda more strategically for the country. It is a medium to long-term change. One cannot hope to change the system overnight. There has to be a push from the government for innovations in key markets. The role of the government is very important. Even in the United States, the government sometimes chooses some fields and pushes it. In China, the government has identified solar and high-speed trains in few strategic markets. That kind of strategic collaboration between government and industry has not been as strong in India. India has done well on the branding-front; the challenge now is to move the reality up.

View Original Article: business-standard.com
Disclaimer statement: The point of this article or rights belongs to the authors and publishers. We take no responsibility for the content of this article and legitimacy.
Do you have any questions about this article, please contact the news source business-standard.com.
Or contact us

Share

Write an article relevant this topic share on facebook share on twitter share on google plus share on oknews share on linkedin share on digg share on reddit share on newsvine share on pinterest share on netlog share on tumblr share on delicious send email print add to favorite

"We've been shipping..." IN THE COMMUNITY!

Facebook
    Twitter

      PHOTO

        No results related
      Share one Sentence

      Manage my submission

      [{"b":"c","i":"1885079","t":"Twitter Acquires Photo-Sharing Website Twitpic's Domain And Photo Archive","a":1},{"b":"d","i":"961231","t":"add. formats","a":2},{"b":"a","i":"1337292","t":"‘Transparent’ Creator Jill Soloway Envisions Five Seasons For Amazon Series","a":3},{"b":"a","i":"1337294","t":"Seattle Seahawks promote WR Phil Bates, put Derrick Coleman on IR","a":4},{"b":"a","i":"1337281","t":"Sick Wild-Blues have similar symptoms; Koivu on faceoff kickouts; Olofsson has shoulder surgery; Brodziak keeps head up | Russo's Rants | StarTribune.com","a":5},{"b":"a","i":"1337262","t":"Murdaca races clear at Royal Melbourne","a":6},{"b":"d","i":"961102","t":"Saints go second, misfiring Reds draw and errors condemn Sunderland to another loss","a":7},{"b":"d","i":"961106","t":"Gascoigne 'sectioned after binge'","a":8},{"b":"d","i":"961086","t":"Home Ministry to Send Advisories to States on Racially Motivated Incidents: Kiren Rijiju","a":9},{"b":"d","i":"961072","t":"For News on BJP-Sena Reunion, All Eyes on PM Modi's High Tea Today","a":10},{"b":"a","i":"1337237","t":"Review: 'Midnight in Siberia,' by David Greene | Star Tribune","a":11},{"b":"a","i":"1337241","t":"UnityPoint at Home named to 2014 HomeCare Elite","a":12},{"b":"a","i":"1337242","t":"McCoy, Bucs agree to $95.2 million contract","a":13},{"b":"f","i":"1158524","t":"Surgeons At Comer Children's Hospital Work For Free To Fix Kids' Birth Defects, Deformities","a":14},{"b":"a","i":"1337222","t":"Sen. Kirk Works With Students To Develop Anti-Bullying Game App","a":15},{"b":"d","i":"961002","t":"Local beauty hopes to wow judges at international pageant","a":16},{"b":"e","i":"530250","t":"So Who Does Create Jobs?","a":17},{"b":"d","i":"960937","t":"NC riverfront voted best in America","a":18},{"b":"d","i":"960950","t":"Around the Web: New evidence in Michael Brown's shooting","a":19},{"b":"b","i":"1275339","t":"Cream guitarist Jack Bruce dies","a":20},{"b":"d","i":"960929","t":"A New Plugin Entitled Proglyph was Announced Today from Pixel Film Studios for Final Cut Pro X","a":21},{"b":"d","i":"960922","t":"Triton Algae Innovations Ltd. Names Dr. Xun Wang as President","a":22},{"b":"b","i":"1275314","t":"Subscriber Services","a":23},{"b":"c","i":"1884906","t":"Buffalo police search Cazenovia Creek for missing man","a":24},{"b":"d","i":"960903","t":"Marriage proposal to Imran still stands: Meera","a":25},{"b":"d","i":"960905","t":"Excessive load shedding breaks back of industry, agriculture sector: Wattoo","a":26},{"b":"d","i":"960908","t":"Sharif brothers lie about no business with India: Mazari","a":27},{"b":"d","i":"960909","t":"Saad denounces Rasheed as a political joker","a":28},{"b":"d","i":"960911","t":"Pakistan fully responding to Indian firing on LoC: Sartaj","a":29},{"b":"d","i":"960912","t":"MQM wants separate province in \u2018abandoned Sindh\u2019","a":30},{"b":"d","i":"960914","t":"Main suspect in Edhi centre robbery held","a":31},{"b":"d","i":"960915","t":"India is trampling human rights in Kashmir: Sartaj Aziz","a":32},{"b":"c","i":"1884891","t":"stltoday.com","a":33},{"b":"d","i":"960899","t":"Mauritania closes border with Mali over Ebola fears","a":34},{"b":"d","i":"960900","t":"Canadian Parliament reopens after shooting","a":35},{"b":"d","i":"960901","t":"Iranian woman hanged despite world campaign for reprieve","a":36},{"b":"b","i":"1275279","t":"Birmingham City fans fury at players and owners after record 8 - 0 home defeat to Bournemouth","a":37},{"b":"c","i":"1884885","t":"Cafeteria Worker Tried Stopping Washington School Shooter","a":38},{"b":"f","i":"1158443","t":"Sounders FC vs. L.A. Galaxy, pre-match notes and lineups","a":39},{"b":"c","i":"1884850","t":"Hong Kong Tensions Rise Between Protesters, Opposition","a":40},{"b":"f","i":"1158287","t":"Real recover to see off Barcelona","a":41},{"b":"a","i":"1337136","t":"County jobless rate drops to 8.3 percent","a":42},{"b":"c","i":"1884834","t":"Calif. mourns loss of 2 deputies killed in crime spree","a":43},{"b":"d","i":"960885","t":"Kejriwal to approach EC against BJP","a":44},{"b":"e","i":"530219","t":"The SEO Secrets Every Business Should Know","a":45},{"b":"f","i":"1158302","t":"Liverpool v Hull, Sunderland v Arsenal, West Brom v Crystal Palace, Southampton v Stoke Premier League as it happened","a":46},{"b":"a","i":"1337119","t":"Sports' contributions cherished: CE","a":47},{"b":"c","i":"1884795","t":"Fiancee's Family Confident in Medical Care Ebola Doctor Receiving","a":48},{"b":"e","i":"530207","t":"Alice bands and headbands: hair accessories for fall\/winter 2014\/2015","a":49},{"b":"f","i":"1158363","t":"Neil Cavuto Delivers Moving Tribute to Late Fox Anchor Terry Keenan","a":50},{"b":"c","i":"1884762","t":"Tribes in Central Yemen Join Forces Against Houthi Rebels","a":51},{"b":"c","i":"1884763","t":"Squabble Over $100 Billion Aid Stalls Global Warming Deal","a":52},{"b":"a","i":"1337084","t":"Difficult qualifying for Honda at Suzuka","a":53},{"b":"b","i":"1275186","t":"Breakers import Ibekwe aims to bounce back","a":54},{"b":"b","i":"1275166","t":"SPORTS BRIEFS: Chicken BBQ for Jallen Oct. 26","a":55},{"b":"b","i":"1275151","t":"Tributes mount up after death of six-year-old boy in West Derby","a":56},{"b":"b","i":"1275152","t":"Pedestrian critically injured after he was struck by off-duty Garda","a":57},{"b":"a","i":"1337062","t":"Centre gives nod to defence projects worth Rs 80,000 cr","a":58},{"b":"a","i":"1337078","t":"'Sentiment' in BJP against forming coalition government","a":59},{"b":"b","i":"1275124","t":"Magpies: Cup hero Gosling set for Avenue return","a":60},{"b":"a","i":"1337034","t":"DFW International Airport Expands Founders Plaza Exhibit Honoring Thousands of "Welcome Home A Hero" Volunteers\r\n\t\t\t\t\t\t\t\t\t\t\tDFW contractor partners donate and build new exhibit","a":61},{"b":"a","i":"1337045","t":"Williams torn following WTA win over Wozniacki","a":62},{"b":"a","i":"1337014","t":"The Top 5 Reasons to Get Auto Insurance, According to MyRatePlan.com","a":63},{"b":"a","i":"1337024","t":"Bruton begins five-day trade mission in US","a":64},{"b":"b","i":"1275106","t":"Russell Brand Crashed Sam Allardyce's Postgame Interview to Give Him a Kiss After West Ham Beat Man City","a":65},{"b":"f","i":"1158097","t":"Little Girl Gets Real With The 'Tooth Fairy,' Crushes Parents' Souls In The Process","a":66},{"b":"f","i":"1158136","t":"AP-NJ--NJ Coverage Advisory, NJ","a":67},{"b":"e","i":"530192","t":"Ronnie Lott -- A Culture Of Giving","a":68},{"b":"e","i":"530197","t":"BAYER LEVERKUSEN vs. ZENIT ST. PETERSBURG Live Stream FREE Online: 2014 UEFA Champions League, Live Coverage From Leverkusen, Projected Lineups and TACTICAL PREVIEW","a":69},{"b":"e","i":"530198","t":"ATLETICO MADRID vs. MALMO FF Live Stream FREE Online: 2014 UEFA Champions League, Live Coverage From Madrid, Projected Lineups and TACTICAL PREVIEW","a":70},{"b":"c","i":"1884660","t":"Cafeteria Worker Tried Stopping Washington School Shooter","a":71},{"b":"a","i":"1336960","t":"Kaiser Permanente, Banner Health extend agreement for health care and hospital services in Northern Colorado","a":72},{"b":"b","i":"1275063","t":"Live Commentary","a":73},{"b":"b","i":"1275051","t":"Erick Thohir: \"Gratitude for Moratti\"","a":74},{"b":"b","i":"1275054","t":"A mobile favorite","a":75},{"b":"b","i":"1275042","t":""Too Big to Fail" Still Too Big a Risk, Says Nobel Winner","a":76},{"b":"a","i":"1336900","t":"Valencia Open: Character carries Andy Murray through as he comes back to secure a place in Spain semi-finals","a":77},{"b":"a","i":"1336865","t":"London ComicCon: Fans Dress Up as their Favourite Characters","a":78},{"b":"a","i":"1336867","t":"Mazzarri: \"Never intended to disrespect Moratti\"","a":79},{"b":"a","i":"1336868","t":"Today, El Cl\u00e1sico Is The Only Thing That Mattters","a":80},{"b":"a","i":"1336870","t":"5 Must Watch College Football Games This Weekend","a":81},{"b":"a","i":"1336884","t":"Sunny skies this weekend will provide perfect backdrop for fall fun","a":82},{"b":"a","i":"1336854","t":"LIVE! Minnesota","a":83},{"b":"b","i":"1274992","t":"Adams: Opponents using Cahill allegations in ‘opportunistic way’","a":84},{"b":"e","i":"530154","t":"Ciara Celebrates Her 29th Birthday | InStyle","a":85},{"b":"e","i":"530155","t":"Katy Perry Celebrates 30th Birthday in Morocco. | InStyle","a":86},{"b":"c","i":"1884565","t":"Four lessons Ronald Reagan can teach us today","a":87},{"b":"a","i":"1336823","t":"More You, less me","a":88},{"b":"a","i":"1336830","t":"Pakistan welcomes UN's decision of observer status to D-8 group","a":89},{"b":"b","i":"1274949","t":"Kristen Stewart To Take A Break From Acting To Focus On Other Creative Projects","a":90},{"b":"a","i":"1336818","t":"LUHS receives Magnet redesignation for hospital, outpatient clinics","a":91},{"b":"c","i":"1884527","t":"Why McDonald's Will Never Be Great Again","a":92},{"b":"a","i":"1336787","t":"Events around Athens today","a":93},{"b":"b","i":"1274905","t":"Congress slams BJP over controversial piece, asks PM Narendra Modi to clarify","a":94},{"b":"b","i":"1274888","t":"Southampton Football Club is backing a Daily Echo-backed police campaign to encourage youngsters to tackle crime","a":95},{"b":"b","i":"1274895","t":"Entertainment","a":96},{"b":"d","i":"960715","t":"Today's top five things to do in Summit County","a":97},{"b":"d","i":"960719","t":"Roskam ready for state meet at full health","a":98},{"b":"a","i":"1336759","t":"Bypolls to three Delhi assembly seats on November 25","a":99},{"b":"c","i":"1884506","t":"Forget Tesla Motors Inc's Tiny Batteries, This Monster Battery Could Be the Future","a":100}]

      100

      Twitter Acquires Photo-Sharing Website Twitpic's Domain And Photo Archive