Catalysts of Innovation-Reference-Cited by-同舟云学术

Catalysts of Innovation

Published:2024-07-12 Issue: Volume: Page:91-117
ISSN:2327-350X
Container-title:Advances in Logistics, Operations, and Management Science
language:
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Author:

Jain Priyanka¹^ORCID,Roy Ankur²^ORCID

Affiliation:

1. IBS Ahmedabad, India

2. Management Development Institute, Gurgaon, India

Abstract

India's development trajectory hinges upon its ability to leverage technological advancements, foster innovation, harness scientific assessments to address pressing societal challenges and translate them into sustainable commercial success. Prioritized investments in basic science research offer valuable, diverse, tailored and evidence-based perspectives that drive commercial payoffs. It paved pathways to new business models and encompassed sustainability transformations. The three-dimensional sustainable development goals, i.e., economic, environmental, and social, are the core of this endeavour. This chapter explores the pivotal role of funding basic science in India, underlining its potential to catalyse long-term sustainable commercial payoffs and propel the nation towards economic prosperity.

Publisher

IGI Global

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