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12 th July 2011 Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation Council

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Page 1: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

12th July 2011 Innovation

Innovation: Experiential learning

Presentation made by The Department of Science

and Technology, GoI to The National Innovation

Council

Page 2: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Department of Science and Technology

Established in 1971Main functions and objectives

•Policy formulation for R&D sector, Strengthening of human and institutional capacity, Technology Development and Delivery, Social contract of S&T and Partnerships and Alliances

Emerged as an important Extra Mural Funding Agency

•With a near 50% overall shareParticipated in several developmental and promotional programmes aimed at the development of an ecosystem for Research and Development

Page 3: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Various Arms of the Government

Stake Holders of the Government

Divisions of DST

S&T Community

Money f

low di

rect

ion

Content flow direction

Assimilators

Convergent solution and delivery systems

Horizontal arms for inter agency support

Page 4: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Research and Development: In Nation Building (Role of DST)

Scholarship driven

Competition driven

Innovation

ScienceTechnology

Market driven

Creation of jobs Creation of knowledge

Creation of value

Advanced knowledge

Leadership in usable knowledge

Gainful and useful knowledge

National prosperity

Knowledge Seekers

DST presence: StrongDST presence: Limited

DST Presence: Beginning

Page 5: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Knowledge: In its various Dimensions

Advancing the Frontier of knowledge of human kind• Investment is made with no pre-defined returns

•DST has done reasonably well in this area

Usable knowledge with a dimension of practical application value• Investments are made with expectations of returns

•DST has started to invest effort into these areas

•Solar Energy Research, Security Technology. State-Center Technology partnership, Water technology

Useful knowledge with a value proposition to the ultimate user• Investments are made with calculated returns

•DST has operated in this space through TDB like agencies

Page 6: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Balancing Manifestations of Science in Social Contexts

Discovery priority of scientists

Solution priority of people and states

High Solution Low Discovery

Low Solution Low Discovery

High Solution High Discovery

Low Solution High Discovery

Challenge of the Governments and leaders is to motivate scientists to discover solutions

Industrial research focuses on high yielding solutions

Page 7: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

12th July 2011 Innovation

Knowledge Economy Paradigm

Science, Technology and Innovation is emerging new power equation in the

global order

Page 8: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Sector India’s relative position

Scholarship driven science

Good return for dollar and people invested. Relative position does not match talent pool on account of low investments and poor absorption capacity. Comparative position is improving

Market driven Technology

Value addition to Indian raw materials through technology in competitive trade is lower than optimum. Stronger coupling between technology and trade is necessary

Competition driven innovation

Innovation eco system is relatively weak on account of mismatch of development and absorption and poor risk bearing capacity in the manufacturing systems. Incremental rather than leap-frog innovation is focused.

Page 9: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Education InfrastructureWide and developed

Research InfrastructureDeveloped and merits widening

Industrial InfrastructureNeeds backing of innovation infrastructure

Technology Infrastructure

Status of mind to market Chain in Indian knowledge infrastructure

Innovation Infrastructure

Knowledge

Finance

Page 10: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

PQR of innovation funnelFor every 100 ideas, 1 is workable, for 100 workable ideas, 1 might work, for 100 working ideas 1 might yield profit

Academic Sector

Risky and creative ideas, rock bed of disruptive innovations

Research Sector

Quality addition to ideas and innovations through risk reduction

Industry Sector

Profit generation through leveraging innovations

ideas

Workable ideas

Working ideas

Profiting ideas

Page 11: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Investing into Innovations: India’s lessons

Inherent creativity and Capacity to Innovate

Innovation as side productof personal passions largely

Supported by pubic funds

Innovation infrastructureThrough planned and Strategic interventions

Public-Private Partnerships

Innovation for global competition forHigh growth economies with largeSocial security system and high

per capita nationsPrivate sector driven and public

sector facilitation

Integrated infrastructure for people Centric innovation landscape to

Include the excluded through technoSocial innovations that serve the Needs of 4 billion global citizens

Passion driven pursuit Purpose driven pursuit

Competition driven pursuitPeople centric pursuit

Page 12: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Nourishing Innovation through the Mind to Market

Chain

R&D

ENTITy

STI landscape

Aca

dem

ics

Res

earc

hIn

du

stryMar

ket

(So

ft M

on

ey)

Fin

anci

ng

(H

ard

Mo

ney

)

Social capital

Page 13: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

12th July 2011 Innovation

A Indian ChallengeBridging Social capital based on trust and risk

preparednessFostering viable and

sustainable Innovation partnerships within the Mind

to Market Chain and Financing innovations

Page 14: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation
Page 15: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Next Generation Model for Innovation: India’s chance!

Innovations are required in the country for creating a favourable ecosystem. There are some global models. Governance models adopted in most of the research establishments of the country, whether they are supported by with public or private sector funds require a revisit. Synergies and partnerships are essential elements of a rightly positioned research support system focused on innovations.India needs a next generation model for innovation supportIndia enjoys an advantage for cost optimization of innovations and this may well be a dying advantage. A ten year time frame may be all that India may enjoy for leveraging the current expertise arbitrage

Page 16: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

12th July 2011 Innovation

Some Successful lessons

From the experience of DST

Page 17: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Role played by DST in Innovation landscape

Department of Science and Technology

Policy and programfunctions

Scouting innovators

Scouting innovations

Supportinginnovators

Supportinginnovations

Developinginnovations

Leveraginginnovations

INSPIRETECHPEDIA

NIF

STEPs/

TBIs, Innovation fund

TDB

Fund of Fund

PFC, TePP (jointly with DSIR)

Creatio

n to

Co

mm

ercialization

Page 18: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Engagement of DST in the current Innovation Landscape

Registration and support to Grass root and social Innovation• Through NIF and TePP in Partnership with DSIR

Scouting and backing Innovations • DST-INTEL, DST-Lockheed Martin, DST-IIM(A)-ET, GITA with CII

Incubation for Innovations• STEPs, TBI

Revolving Fund in partnership with SIDBI• TIFAC action for supporting viability assessment and scaling

Innovation Fund for Innovation clusters• Joint activity with NASSCOM

Venture Financing support for Innovations• Technology Development Board through direct financing and

Fund of Funds through equity in venture capitalsTechnology Acquisition Fund and National Innovation Fund• Efforts underway for deploying Technology Cess funds into

Acquisition fundDeveloping indicators for innovation indexing• Partnership with OECD explored

Page 19: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Passion Driven pursuit leading to innovation

Flow sensors from first principle science•Nano Science

research in the country led to an observation that flow of fluids through nano tubes lead to electrical signals. This discovery gained global attention.

• Flow sensors have now been developed based on this concept and US patent obtained.

First nano technology product for water• First principle based

nano technology product has been innovated and commercialized.

• The product is able to obtain potable water from pesticide decontaminated water sources.

Page 20: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

1. Patents: A method of preparing purified water from water containing pesticides, Indian patent 2007672. Extraction of malatheon and chlorpiryhphos from drinking water by nanoparticles ..., PCT application, PCT/IN05/0002

Product is marketed now by a Eureka Forbes Ltd.Several new technologies are now available.

A plant to make supported nanomaterials for water purification; with capacity of 4.5 tons per month, 2007

Nanomaterials for water purification – pesticide removal

Chemistry world First nanotechnology product for clean water

Page 21: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Purpose driven Pursuit to innovation Chitra valve Unique in design, materials of construction and fabrication. It is the most extensively researched, tested, and pre market clinically evaluated device in India. ARCI Based on accelerated durability  tests, amply confirmed by measurement of wear of valves explanted after many years of animal implantation, the projected durability far exceeds the life span of even the youngest recipients.  The valve commands 25% market share currently ARCI has developed a product based on nano silver for purification of water. Ceramic based filter candles have been developed and commercialized

Chitra valve

Ceramic water filter

Page 22: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

PPP for Competition driven pursuit

**Bharat Biotech International Limited**

The company launched the first product Hep Vaccine ‘Revac-B’ in October 1998 The vaccine is manufactured using Saccharomyces (yeast) with a plant capacity of 100 million doses per annum

(In Rs./ Lakhs)

Total cost of Project – 1221TDB Loan Assistance - 325

Hyderabad

Page 23: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

People centric pursuit

Whereas most global innovation systems are focused on the process, nations like India need to lay equally emphasis on purpose as well as process of innovations.Affordable innovations for ensuring that the benefits of innovations reach as many as people as possible have become necessaryPeople centric pursuit of science opens up a new window of innovation space

Page 24: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Grass root innovation system

National Innovation Foundation Experience• Grass root innovators

create affordable and social innovations

• A large untapped potential exists

• Due diligence on marketing potentials and new mechanisms for leveraging grass root innovations may well be the next step forward

Education levels

Innovation potential

Conditioning of mind set

Creative mindset space

Page 25: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

12th July 2011 Innovation

Incubating Enterprises within Academic system

Some lead examples

Page 26: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

INNOVATION AND ENTREPRENEURSHIP INNOVATION AND ENTREPRENEURSHIP IN EDUCATION (IEDC)IN EDUCATION (IEDC)

INTRODUCES ENTREPRENUERSHIP IN INTRODUCES ENTREPRENUERSHIP IN EDUCATIONAL INSTITUTIONSEDUCATIONAL INSTITUTIONS

PROMOTES INNOVATIVE SPIRIT AMONG PROMOTES INNOVATIVE SPIRIT AMONG STUDENTSSTUDENTS

INNOVATIVE STUDENT PROJECTS ARE INNOVATIVE STUDENT PROJECTS ARE ENCOURAGED ENCOURAGED

5 STUDENT PROJECTS PER INSTITUTION PER 5 STUDENT PROJECTS PER INSTITUTION PER YEAR ARE SUPPORTEDYEAR ARE SUPPORTED

IEDC SERVES AS A PRE-INCUBATION IEDC SERVES AS A PRE-INCUBATION SCHEME SCHEME

Page 27: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

DST SUPPORTED INCUBATOR NORK

Incubator and Science and Technology Park Network

1 IKP, Hyderabad2 ICRISAT, Hyderabad3 University of Hyderabad 4 University of Delhi5 Sriram Inst. TBI, Delhi 6 IAN-TBI, Delhi7 NID-NDBI, Ahmedabad 8 Nirma Labs, Ahmedabad9 CIIE, IIM Ahmedabad 10 MICA, Ahmedabad11 NSIC, Rajkot 12 NDRI, Karnal 13 MDI, Gurgaon14 BITS, Meshra15 Composites Tech. Park, Bangalore 16 E health-TBI, Bangalore17 MIT, Manipal 18 JSS STEP, Mysore19 NIT, Surathkal20 BEC-STEP, Bagalkot21 NIT, Calicut 22 Technopark- TBI, Trivandrum 23 Amrita TBI, Kollam24 IIT-SINE, Mumbai25 MITCON, Pune26 NCL-VC, Pune 27 D.K.T.E. Textile Engg, Kolhapur 28 STP, Pune

29 MANIT, Bhopal30 KIIT University, Bhubaneshwar31 Thapar University, Patiala32 GNEC-STEP, Ludhiana33 BITS, Pilani34 KEC, Perundurai35 VIT -TBI, Vellore 36 Anna University - TBI, Chennai37 University of Madras, Chennai 38 IIT-RTBI, Chennai 39 BAIT, Sathyamangalam40 Periyar - TBI, Thanjavur41 SPEC-TBI, Chennai42 TREC-STEP, Tiruchirapalli 43 PSG-STEP, Coimbatore44 PSG-Nanotech TBI, Coimbatore45 TNAU, Coimbatore46 Vel Tech, Chennai47 JSSATE - TBI, NOIDA48 Amity - TBI, NOIDA49 KIET, Ghaziabad50 IIT, Kanpur51 IT-BHU, Varanasi52 HBTI, Kanpur53 IIT, Roorkee 54 Ekta-TBI, Kolkata55 IIT, Kharagpur

Page 28: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Ceeyes Metal Reclamalation Pvt. Ltd: A global company Led by S. Ananthakrishnan, alumni TREC, Trichy, incubated by TREC-STEP ANTS Ceramics

Limited is an advanced materials manufacturing company started by graduates and faculty at IIT Kharagpur.

Robokit developed by TRI Technosolutions Pvt Ltd , a SINE company promoted by IIT Bombay alumnus

Embedded Horns for cycles and Remote Light Controllers (RLC), Kongu engg. Coimbatore

Commercial products from TBIs supported by DST

Page 29: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Growth of STEPs/ TBIs and Growth of STEPs/ TBIs and

Promoted EntrepreneursPromoted Entrepreneurs

0

200

400

600

800

1000

1200

1400

1600

10( 1995) 16(1999) 32(2005) 55(2010)

No. of STEPs and TBIs

Number ofentrepreneurs

Page 30: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Innovator from the DST Supported Schemes

An awardee of DST Innovation partnership programme for his innovation on Self cooling apparel has been ranked as the top most young entrepreneurs for his enterprise based on his innovation scouted and supported by DST INTEL partnership programme

Page 31: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Fostering Innovations within Emerging Industrial clusters (National Innovation Fund)

JOINTLY CONCEIVED JOINTLY CONCEIVED BY DST, ICICI BY DST, ICICI KNOWLEDGE PARK, KNOWLEDGE PARK, BHARTI AIRTEL, TCS BHARTI AIRTEL, TCS AND NASSCOMAND NASSCOM

FUND SIZE 48 CRORES FUND SIZE 48 CRORES

PPP INITIATIVE OF DSTPPP INITIATIVE OF DST

INVESTMENT IN INVESTMENT IN START-UPS OWNING IPSTART-UPS OWNING IP

FOCUSSED TECH AREA FOCUSSED TECH AREA FOR INVESTEMENTFOR INVESTEMENT

• PHARMAPHARMA

• AUTO INFOTRONICSAUTO INFOTRONICS

• TELECOM TELECOM

• MEDICAL DEVICES MEDICAL DEVICES AND AND

• INTELLIGENT INTELLIGENT TRANSPORT SYSTEMTRANSPORT SYSTEM

Page 32: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

The Power of Ideas is an entrepreneurial platform The Power of Ideas is an entrepreneurial platform created by The Economic Times in association with the created by The Economic Times in association with the Department of Science and Technology to seek, reward, Department of Science and Technology to seek, reward, nurture and groom business ideas by connecting them nurture and groom business ideas by connecting them with relevant evaluators, mentors and investors ......with relevant evaluators, mentors and investors ......

www.ideas.economictimes.com

                                                

/wEPDwU

Page 33: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Leveraging Innovations through formal sector

Technology Development Board• TDB supports

commercialization of innovations through venture fund support

• Rs 585 crores claimed from the Government and released about ~Rs 890 crores sanctioning about Rs 1100 crores

• Overall success rate is ~70%

Vaccines• Shantha biotech,

Bharath BiotechLCD Systems• Samtel

Electric Mobility• REWA

Civil Aviation• SARAS

Home land Security• CEL

Page 34: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Some key products from TDB support

Biocon

AV Alloys

Eicher motors

REWA

SARAS

Page 35: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

12th July 2011 Innovation

Building innovators(Promoting innovative spirit among youth)

In the long Term horizon1. Talent attraction

2. Mentorship building

Page 36: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

50,000 INSPIRE INTERNSHIPS/Yr Top 1% in class X criterion

Summer/ Winter campsWith Nobel Prize

Winners 10,000 Scholarships

@Rs 80,000/yrFor 5 years

2,00,000 INSPIRE AWARDS/ YR@ Rs. 5,000 per award

Every high school coveredMinimum 2 awards per school in 5 years

Science project exhibit5-10% Entries to be selected by jury for

State level and national level prizes

1,000 fellowships

1,000 faculty positions

7500 based on Top 1% marks in class X and XII board examinations.

Pro-rata basis for boards based on students undertaking the board

2500 based on performance in national level examinations

Top ranker in any science, engineering, medical, agriculture and veterinary related faculty in Indian universities

National level selection based on merit and INSPIRE attachment without break

Age 10-15

Age 16-18

Age 17-22, BSc/MSc levels

Age 22-27, PhD level

Age 27-32Assured Career Opportunity in Research

INSPIRE SCHEME :AT A GLANCE

Page 37: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

INSPIRE INTERNSHIP250 CAMPS HELD. 17 NLs joined

67,949 INTERNS GAINED3000 RESOURCE PERSONS ENROLLED

INSPIRE SCHOLARSHIPS

5639 AWARDED

INSPIRE AWARD4,09,358 INSPIRE AWARDS releasedTOTAL 3,00,000 TARGETED FOR 2011-12

INSPIRE FELLOWS 1376 Awarded/ 796 selected

WILL START IN 2011

Age 10-15

Age 16-18

Age 17-22, BSc/ MSc levels

Age 22-27, PhD level

Age 27-32Assured Career Opportunity in Research

CLASS VI - X

CLASS XI

INSPIRE IMPLEMENTATION STATUS

Innovation agenda to be seeded

Page 38: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Building Educators for Science Teaching: Scheme under development

A new large scale motivational programme for teachers engaged in primary, secondary and tertiary education is being developed jointly by MHRD and MoST under a Grand Alliance InitiativeThe programme targets ~ 0.5 million teachers who are already in position. This target group could also be motivated to spread the cause of innovations in the educational systemWhereas our traditional education system is focused on understanding Nature and not as much on solving problems, the programme could be used to the convey the cause of innovation ecosystem.

Page 39: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Some Generic lessons from open class rooms of life

While “creation of innovation” may be an individual activity, “wealth creation from innovation” demands an ecosystem and many body involvement and desire to partner. Ecosystem demands also diversity Prevailing asymmetry between investors and inventors caused by the absence of social capital should be bridgedA country specific model needed for fostering innovation partnerships among public funded industrial research institutions and the private sector

Page 40: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Some generic lessons learnt

Innovation ecosystem would demand readjustments• In mind sets of educational system, financial institutions,

R&D entities

• In the governance systems for not treating genuine failures with negative mindset

• In audit systems for financial discipline

• Venture capital support system

• Demand side management of innovation system Building Social capital• Migration from

•Defensive Decision Syndrome into trust based Decision logic

•Risk averse to risk prepared social behaviorFair sized fund for Social Capital• National Innovation Fund

Page 41: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Some lead ideas for promoting Innovation ecosystem

Joint appointments•Academy, Research and Industry

•Addressing conflicts of interest

Transition from transaction to relationship model•New consortia models for R&D for public good

•Addressing flaw of flows of knowledge and money

Creation of PPP fund for R&D for public good•New easy to use operational methodologies

•Built on the principle of “benefit to all” and trust

New Audit system for innovation support•Transition from risk averse and risk promotion

•Trust based review system with safety provisions

Page 42: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

A Policy Paradigm for seeding an Innovation Ecosystem

Engagement of Private Sector into R&D should be promoted soon and more aggressivelyIn the intervening times, special policy guidelines for investing public funds into public-private partnerships into R&D for public and social goods may need to be considered.

Sub committee of PM’s Council for Trade and Industry has submitted a white paper for promoting PPP for R&D and Clean EnergyProposed a PPP fund of Rs 5000 croresProposed a mission for affordable innovation for public goodRecommended the establishment of a Model Global Innovation Cluster

Implementation of key recommendations of the sub-committee would promote a desirable innovation system

Page 43: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Summary: What have we learnt?

Innovation is a product of human urge for creation. India seems to enjoy sufficient strengthScouting processes for innovation demand many tools. Some tools seem to be deliveringDST has played some limited roles and horizontal functions in demonstrating some untapped potentialsScaling innovations for national prosperity seem to require a new type of social capital and viable innovation partnerships. This is an area of gap.Innovation is required for fostering innovations for wealth creation

Page 44: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Designing an India-niche Model for Affordable Innovation!

There is now an opportunity to reassert ourselves among the comity of Nations by designing a system which “includes the excluded” and “reach the un-reached” through innovating for affordable innovations. Social and public good would call for new models of collaboration between the public and private sector. While fostering such collaborations, the needs and benefits to the ultimate user of research products “namely people of India” should become the focus. The partnership needs to be built on the strength of mutual trust and respect, where individual egos exit and the public and social cause prevail.

This civilization called India is too good to remain a mere observer in the realm of global development though innovations

Page 45: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Let our Nation Rise into the horizon of Global Innovation space

Page 46: 12 th July 2011Innovation Innovation: Experiential learning Presentation made by The Department of Science and Technology, GoI to The National Innovation

Wheels within in Wheels: In Data to Riches

Knowledge

DataInformation

Innovation

KnowledgeWealth creation

Knowledge Products WheelMind to Market Wheel

All data do not lead to information. All information do not afford knowledge

All knowledge does not lead to Innovation. All Innovations do not lead to wealth generation