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Book Review: Innovation and Public Policy in India.
- Source :
- Asian Journal of Innovation & Policy; 2021, Vol. 10 Issue 3, p404-408, 5p
- Publication Year :
- 2021
-
Abstract
- The role of innovation in economic growth and development is extensively recognized today. Innovations allow firms to stay ahead in a competitive environment while also playing a leading role in developing a nation or a region. The capacity to solve critical problems depends on the generation of innovations. Innovations are more important for a developing nation as only through them, they can find appropriate solutions to the issues unique to their context. A robust roadmap that fosters and nurtures innovations in a country has thus become an essential aspect of public policy. In this context, the book The Black Box: Innovation and Public Policy in India by Prof. Rakesh Basant provides an overview of the innovation landscape in India and the challenges it faces in building a robust entrepreneurial and innovation ecosystem in the country. The author provides an extensive analysis of different actors within India's innovation system and recommends policy initiatives to boost and foster innovation. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 22871608
- Volume :
- 10
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- Asian Journal of Innovation & Policy
- Publication Type :
- Academic Journal
- Accession number :
- 154451348
- Full Text :
- https://doi.org/10.7545/ajip.2021.10.3.404