Innovation for growth and development.pptx - Introduction...

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Introduction GRASSROOTS APPROACH MARKET BASED APPROACH Inclusivity of social and political dimensions Innovation seen as intermediate or partial solution Focusing on social and environmental challenges Free market dynamics and private enterprise The quest for catching up increases poverty and inequality Opening up of underexploited markets by MNCs INNOVATION
Market Based Approach Accumulative learning Assimilative learning Explicit Or Objective Learning Tacit or experiential learning Direct import of technology- embodied or disembodied, leading to adaptive R&D Product market internationalization with markets as learning laboratories
Inclusive Innovation • Jugaad Bottom of Pyramid (BoP) Reverse innovation or trickle-up innovation Some Interesting Terminologies What and Why?
Innovation Ladder
Cases Studies from India
Nizamabad Innovation Hub IT Secretary Telangana, Jayesh Rajan: “ There are large number of problems to be solved in rural areas and people who

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