Innovation is to make something new, a process of turning opportunity into new ideas and then putting these into widely used practices. Without innovation new products, new services and new ways of doing business would never emerge and most organizations would be forever struck doing the same old things the same old way.
Ever changing human needs have always been a driving force for innovation. Last two decades have witnessed unprecedented product and process innovations and development of new technologies. This is visible in all areas such as, manufacturing, consumer goods, information technology, transport, medicine, armaments and many more. This has made human life more comfortable, provided solutions to many problems and contributed to longevity. Exploring new technologies and innovations is a continuous and ongoing process till we find solutions that reach grass root level for sustainable development.
Technology acquisition / transfer from other nations has been a common practice till recent past in India. Globalization & Liberalization have forced Indian companies to innovate, introduce new and improved products and services on a continuous basis. This has resulted in better and more efficient methods of work. Initiatives taken by Government of India and other agencies to promote innovations are yielding results.
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Innovation process, initiatives and practices at national and international levels |
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Science and Technology
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Pure and applied research in Science, engineering and technology |
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Entertainment sector |
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Medicine and medical aids |
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Sustainable Development |
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Information & Communication Technology |
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Education, with a special focus on technical and management Education |
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Role of Government and other agencies. |