Innovation, technology and digitalisation have become very important driving forces for national and global growth. The world saw extreme disruptions triggered by the pandemic which proved to be a powerful accelerator of innovations that opened new technology frontiers. Recently, World Intellectual Property Organisations released a report “World Intellectual Property Indicators,...
As a result of the "Atmanirbhar Bharat" and "Make in India" initiatives, there is a strong push to strengthen local manufacturing industries, which would then help to produce cutting-edge goods at reasonable prices.
October 14 and 15, 2022 marked a watershed moment in the history of innovation and IPR in India. A two days National IP conference was held on Strengthening IP Ecosystem for Catalysing Growth of Knowledge Economy.
As per India Innovation Index, 2022 India’s Gross Expenditure on R&D is one of the world’s lowest, with just USD 43 per capita whereas India’s BRICS or ASEAN counterparts like Russia, Brazil, and Malaysia spend USD 285, USD 173, and USD 293 per capita respectively.
Innovation is a multi-sectoral process involving various stakeholders from the state, market, and society.
We take a look at how UPI managed to integrate multiple platforms and created a network effect which has boosted innovation, ONDC has the same potential.
