The document discusses India's poor research infrastructure and proposes a public-private partnership model. It notes that despite India's large population, it has very few scientific R&D personnel and spends little on research compared to other countries like China. India also files very few patents and has low global research output. The education system fails to promote innovation and students often move away from science and technology fields. There is also a lack of support for commercializing innovation through funding, capital, and programs. Risk-averse culture and lack of tolerance for failure further discourage innovative ideas in India.
1. POOR RESEARCH INFRASTRUCTURE
A PUBLIC PRIVATE PARTNERSHIP MODEL WITH CENTRALIZED
MONITORING AND CONTROL
TEAM DETAILS :
1. Agraja Pandey ( Lucknow University MBA )
2. Sanskriti Yadav ( Lucknow University MBA )
3. Nikhil Dhawan ( Lucknow University MBA )
4. Deeksha Gupta ( Lucknow University MBA )
5. Sarvesh Prasad ( Lucknow University MBA ) 1
2. 2
Despite India’s population is 17% of world’s total :
There are barely 300,000 scientific R&D personnel in India. That represents a
disappointingly low ratio of around 7.5 R&D staff per 10,000 workforce. And,
according to the India Science Report, published by the National Council of Applied
Economic Research in 2005, only 53 per cent of the five million people working in S&T
related professions hold degrees.
India filed only 0.3% of the total world patents in 2010 and accounts for a meager
3.5% of all global research output.
India spent only 2.9% of the world’s total expenditure on research against China
which spent 14.2%.
“ the innovation front in India
continues to be penalized by
deficits in human capital and
research; infrastructure and
business sophistication, where it
comes last among BRICs (Brazil,
Russia, India & China), and in
knowledge and technology
outputs, where it comes in ahead
of Brazil only. ”
- Times Magazine
“ in India, the innovation ecosystem (input) is poor and we need better
government measures on regulations, education and infrastructure to tap
the demonstrated potential of talented people. ”
-Gopichand Katragadda
MD of General Electric John F. Welch Technology Center Bangalore
“ The lack of infrastructure
support for innovation in India is a
key stumbling block. ”
-Sam Pitroda
The National Knowledge
Commission.
“ report suggests that India may become the first “BRIC” country (Brazil, Russia, India and China) to lose its investment
grade rating. While it remains to be seen if India can escape this ignominy, the country has earned another dubious
distinction: It ranks the lowest among the BRIC nations on the Global Innovation Index 2012. ”
- The Times
3. 3
The education system fails to promote any sort of innovation as they
are built on a system of getting a “job” after graduating rather than
beginning and managing ones own business.
CAUSES
Students moving away from S&T to work in other sectors within the country -
we lack courses that provoke creativity and campaigns that promote creative
thinking as a future long-term profession.
Bain drain overseas ( Internal or
'inter-sectoral' brain drain )
Indian society are risk-averse - This lack of tolerance
toward failure instills the fear of taking risks., thus
making it difficult to generate innovative ideas or to
promote existing ones.
Lack of necessary support mechanisms that foster
commercialization and innovation - research funds, venture
capital funds, and start-up capital, as well as awareness
programs and initiatives.
Most people do not have the means to start their own
business and banks are somewhat reluctant in giving loans
to something “innovative.”