India: social component of innovation policy

The article discusses one of the essential characteristics of modern innovation policy in India - a strong emphasis on solving the country’s social problems. The reasons for the need for this are determined, associated with the characteristics of the state of the Indian economy at present and the characteristics of the social structure of society in India. The specific features of the country’s innovation ecosystem and innovation policy instruments are shown, as well as a special approach to the development and implementation of innovations that are characteristic of actors involved in the development of innovative processes in India, which are determined by the urgent need of Indian society to develop their social component

Keywords: innovation policy, inclusive innovation, frugal innovation, accessibility of innovation


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