Unleashing India's Innovation: Toward Sustainable and Inclusive Growth

Mark Andrew Dutz

95 citations0/0 files storedRePEc: Research Papers in Economics

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Indian Economic and Social Development Economic Growth and Productivity Innovation and Socioeconomic Development

Abstract

India's recent growth has been impressive, with real GDP rising by over eight percent a year since 2004 -- accompanied by a jump in innovative activities. Growth has been driven by rapid expansion in export-oriented, skill-intensive manufacturing and, especially, skill-intensive services. The book is structured as follows: Chapter 1 reviews the Indian context and enabling environment. Chapter 2 analyzes knowledge creation and commercialization. Chapter 3 discusses knowledge diffusion and absorption. Chapter 4 encourages inclusive, pro-poor innovation. Chapter 5 addresses the need for stronger skills and education for innovation. Chapter 6 examines ways of improving information infrastructure. Chapter 7 suggests approaches to enhance innovation finance.

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