Introduction to 'Special Section: Innovations in India'

摘要

India is one of the fastest growing economies, and the role and significance of India in the global economy are continuously increasing. India offers enormous opportunities to both individuals and organizations. At the same time, with a complex diversity, huge population and not-so-good performance on many non-economic dimensions, India also provides and faces numerous challenges.Globally, scholars agree on the increasing need and importance of innovations for bringing positive change to individuals, companies, societies and countries. With an increasing number of multinationals setting research and developments centers in India, government policy changes - particularly, adoption of product patents - and growing international aspirations of Indian firms, the concern for innovations is gaining voice in industry, government, civil society and academia in India. Innovations and its strategic management need to be harnessed for bringing overall development and progress of the country.