The document discusses India's challenges in areas like health, education, agriculture, and the need for innovation to drive inclusive growth. It proposes creating Cluster Innovation Centres to connect local stakeholders in technology, financing, skills and mentoring to enhance productivity and employment. The centres would seek to address cluster needs and establish frameworks for knowledge sharing. National innovation strategies need to focus on collaboration between entrepreneurs, researchers, financiers, businesses and policymakers. Navikaran's new system aims to play an important role in the development discourse between formal and informal sector innovation models in India.
2. Macroeconomic Framework
Agriculture & Rural Development
Health
INNOVATION Water & Environment
Energy
Education & Skill Development
Urban Development
Informal
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3. Few excerpt about Innovation from Twelfth Five Year Plan - Faster, More Inclusive and
Sustainable Growth Volume - I
9.2. India has unique challenges and large 9.6. Conversion of R&D to results for people
unmet needs across diverse areas such as requires an ecosystem of enterprises working
health, education, skills, agriculture, urban in conjunction:
and rural development, energy and so on. entrepreneurs, researchers, finance
providers, business enterprises, and
9.13. The focal point of this initiative
policymakers. Therefore, the national
would be the creation of a Cluster
strategies for innovation need to focus on
Innovation Centre (CIC). The CIC will
various types of institutions in the ecosystem
actively seek relationships to address
and aim for more effective collaboration
the needs of the cluster and establish
amongst them. This must be India’s agenda
frameworks for knowledge and best
too if India is to accelerate
practice sharing. By connecting and
inclusive growth through innovation.
creating local ecosystem
encompassing actors and stakeholders
who can bring in technology,
financing, skills and mentors, the CIC
will help
enhance productivity, growth and
employability.
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4. Informal
Clusters / State Governments
Sector & State Innovation
Index
Formal Sectors
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8. Navikaran’s new approach to the system can play a very
important role in the development discourse between
formal and informal sectors’ innovation model in India