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Role of Government in Encouraging Innovation

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Role of Government in Encouraging Innovation
ROLE OF GOVERNMENT IN ENCOURAGING INNOVATION

12/4/2011

Strategic Innovation Management

Authored by Nandini Kapur (D326) Kanika Katyal (D325)

ROLE OF GOVERNMENT IN ENCOURAGING INNOVATION

ROLE OF GOVERNMENT IN ENCOURAGING INNOVATION
S T R AT E G I C I N N O VAT I O N M A N A G E M E N T

Contents
EXECUTIVE SUMMARY ........................................................................................................ 2 INTRODUCTION................................................................................................................... 3 SCIENCE AND TECHNOLOGY POLICY ................................................................................. 4 STATE INDUCED INCENTIVES FOR INNOVATION ............................................................... 4 TECHNOLOGY INCUBATION AND DEVELOPMENT OF ENTREPRENEURS ........................... 5 SUPPORT INTERNATIONAL PATENT PROTECTION IN ELECTRONICS & IT (SIP-EIT)……….6 MULTIPLIER GRANTS SCHEME ............................................................................................. 6 NATIONAL INNOVATION FOUNDATION ........................................................................... 6 TECHNOLOGY PROMOTION, DEVELOPMENT AND UTILIZATION (TDPU) .......................... 7 Technology Development and Demonstration Program (TDDP) ...................................................... 7 Technopreneur Promotion Programme (TePP) ..................................................................................... 8 'INNOVATION OF SCIENCE PURSUIT FOR INSPIRE RESEARCH (INSPIRE) ' ......................... 8 CONCLUSION ...................................................................................................................... 9

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ROLE OF GOVERNMENT IN ENCOURAGING INNOVATION

EXECUTIVE SUMMARY
Government plays a vital role in any national innovation system, in that it formulates policies that may or may not be conducive to business environment and may or may not reward


References: http://www.indiatogether.org/2011/nov/opi-aditya.htm http://business.gov.in/innovation/support.php http://business.gov.in/innovation/organisational.php http://business.gov.in/innovation/intenctives.php http://siteresources.worldbank.org/SOUTHASIAEXT/Resources/223546-1181699473021/38767821191373775504/indiainnovationfull.pdf http://www.global-innovation.net/publications/PDF/Working_Paper_51.pdf http://www.mit.gov.in/content/innovation-promotion http://www.mafhoum.com/press7/228T43.pdf Page 10
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