Saturday, September 18, 2010

National Innovation System: Apex Role

The National Innovation System should be governed by an apex body such as the National Innovation Council, that serves as a policy-orientated intellectual property think-tank. It is at this level that the government and an innovation policy can help steer the agenda: first, to ascertain that there is a portfolio of national interest; second, to ensure that there is adequate funding and incentives for the actors at the various tiers to function independently; and third to ensure that there is sufficient collaboration and integration amongst the various actors in such a way that better results are achieved faster. Although the NIC is best served by a government given that currently
Picture Source: Famous Scientists Blog
over 80 per cent of R&D comes from the public sector, the significant contribution of government will be to model the behaviour of the actors in a positive way by the use of an innovation policy framework, managing rewards and sustainability of research efforts even in tough market conditions when private investments in R&D tends to wane.

The apex body, i.e the NIC, managing the affairs of the national innovation system should undertake a survey of current gaps in innovation. Private companies typically under-invest in these areas as they lack the required capital and technical staff. A national assessment of R&D needs will, for example, reveal the dearth of infrastructure and apparatus for measurements, testing systems and data which then form the infrastructural apparatus for innovation. The apex body has the objective of harnessing all the nodes of positive influences for scale. The NIS ought to function like a dynamic web of public–private partnerships that broker transactions between grassroots innovators,

entrepreneurs and large corporations. Such a national grid should connect banks, venture capitalists, markets, technologists, public R&D entities, universities, NGOs, national industries and global networks. Their primary role would be to convert native knowledge into revenue and viable wealth creation opportunity at each tier of the innovation landscape. The NIS will highlight the systemic character of the interaction processes that bring about innovation within the country. In doing so, it stresses that history and path dependency play major roles in the development of distinctive national trajectories that lead to innovations that sustain national competitiveness.
If you enjoyed reading this, consider buying India's Innovation Blueprint

No comments:

Post a Comment