Phase IFoundation
Background
Overview
A robust innovation ecosystem is vital for India's economic growth, global competitiveness, job creation, and leveraging technological advancements for sustainable development. It directly relates to policy, governance, and socio-economic progress.
An innovation ecosystem refers to the complex network of individuals, institutions, and policies that foster the creation, development, and diffusion of new ideas, technologies, and products within a nation. For India, building a robust innovation ecosystem is crucial for economic growth, global competitiveness, and addressing societal challenges.