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3) Discuss the key areas that require restructuring to transform India’s Innovation ecosystem with special emphasis on the lessons it can take from other countries.(250 words)

Topic: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.

3) Discuss the key areas that require restructuring to transform India’s Innovation ecosystem with special emphasis on the lessons it can take from other countries.(250 words)

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Why this question:

The article discusses the case study of Israel with respect to the innovation ecosystem prevailing.

Key demand of the question:

The answer must discuss the areas that India need to focus and restructure to transform Innovation ecosystem and the lessons that it should take.

Directive:

DiscussThis is an all-encompassing directive – you have to debate on paper by going through the details of the issues concerned by examining each one of them. You have to give reasons for both for and against arguments.

Structure of the answer:

Introduction: 

Describe about innovation ecosystem in the country.

Body:

Explain that India is a rising economic power and an increasingly important locus of innovation. India is changing from a locus of low-cost contract research and reverse engineering to a global center of high-value, indigenously generated innovation. To sustain this transformation, Indian policy makers increasingly recognize the need for continuing economic reforms, new public investments in the nation’s infrastructure, and new policy initiatives and institutions to encourage innovation, expand the skills and knowledge base of its population, and facilitate entrepreneurship.

Discuss how India can take lessons from Israel and suggest measures.

Conclusion:

Conclude with way forward.

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