Innovation - Growth Engine for Nation - Nice Buzzword but Often Misunderstood

Book Description

In most simplified way, this book explains the Inner Dynamics of the concept of Innovation from A to Z.In USA, Innovation supports at least 40 million jobs and contribute 34.8 % US GDP. South Korea, the Top most Innovative country of the World could raise GDP (PPP) per capita to $33140. India is just at $5410 (123rd position in the world). Innovation is must for economic growth & to become developed nation. But in the Innovation Decade (2011-2020), India slipped 10 ranks (from 66 to 76th position) in Global Innovation Index 2014. How to improve this situation? How to introduce the culture of Innovation in India? What are the root causes of poor Innovation Ecosystem in India? What is the importance of Innovation Clusters?