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Adding Entrepreneurship to India’s Science, Technology & Innovation Policy

Journal of Technology Management & Innovation

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Title Adding Entrepreneurship to India’s Science, Technology & Innovation Policy
 
Creator Chaurasia, Ragini
Bhikajee, Mitrasen
 
Subject entrepreneurial policy and education; growth; India; private sector; government as venture capital; STIP
 
Description Science, Technology & Innovation Policy (STIP) is an important policy instrument particularly in the developing countries. India also has recognized the role of science, technology and innovation in development as early as 1958 but still trails behind its peer Brazil, China and the Asian tiger Singapore. Considering strong correlation between research and development investment and growth based on existing studies, this paper brings forth the present situation of India in investment and its influence on the performance of the economy vis-à-vis the three countries. This paper studies the STIP 2013 in detail and reports the contribution of the Department of Science and Technology in India. The main conclusion of this paper is the recommendation for incorporation of “entrepreneurship” in STIP based on global best practices, which can be achieved by government’s involvement as a venture capitalist to seed and support innovations, increasing transparency and incorporating entrepreneurial curriculum.
 
Publisher Facultad de Economía y Negocios, Universidad Alberto Hurtado
 
Contributor —
 
Date 2016-06-21
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Artículo revisado por pares
 
Format application/pdf
 
Identifier http://www.jotmi.org/index.php/GT/article/view/1997
10.4067/S0718-27242016000200009
 
Source Journal of Technology Management & Innovation; Vol 11, No 2 (2016); 86-103
Journal of Technology Management & Innovation; Vol 11, No 2 (2016); 86-103
0718-2724
 
Language eng
 
Relation http://www.jotmi.org/index.php/GT/article/view/1997/1026
 
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http://creativecommons.org/licenses/by/4.0