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

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 tig...

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Autores principales: Chaurasia,Ragini, Bhikajee,Mitrasen
Lenguaje:English
Publicado: Universidad Alberto Hurtado. Facultad de Economía y Negocios 2016
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242016000200009
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spelling oai:scielo:S0718-272420160002000092016-07-12Adding Entrepreneurship to India's Science, Technology & Innovation PolicyChaurasia,RaginiBhikajee,Mitrasen entrepreneurial policy and education growth India private sector government as venture capital STIP 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.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.11 n.2 20162016-06-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242016000200009en10.4067/S0718-27242016000200009
institution Scielo Chile
collection Scielo Chile
language English
topic entrepreneurial policy and education
growth
India
private sector
government as venture capital
STIP
spellingShingle entrepreneurial policy and education
growth
India
private sector
government as venture capital
STIP
Chaurasia,Ragini
Bhikajee,Mitrasen
Adding Entrepreneurship to India's Science, Technology & Innovation Policy
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.
author Chaurasia,Ragini
Bhikajee,Mitrasen
author_facet Chaurasia,Ragini
Bhikajee,Mitrasen
author_sort Chaurasia,Ragini
title Adding Entrepreneurship to India's Science, Technology & Innovation Policy
title_short Adding Entrepreneurship to India's Science, Technology & Innovation Policy
title_full Adding Entrepreneurship to India's Science, Technology & Innovation Policy
title_fullStr Adding Entrepreneurship to India's Science, Technology & Innovation Policy
title_full_unstemmed Adding Entrepreneurship to India's Science, Technology & Innovation Policy
title_sort adding entrepreneurship to india's science, technology & innovation policy
publisher Universidad Alberto Hurtado. Facultad de Economía y Negocios
publishDate 2016
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242016000200009
work_keys_str_mv AT chaurasiaragini addingentrepreneurshiptoindiassciencetechnologyampinnovationpolicy
AT bhikajeemitrasen addingentrepreneurshiptoindiassciencetechnologyampinnovationpolicy
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