Science, Technology and Innovation Ecosystem: An Indian and Global Perspective

Science, Technology, and Innovation (STI) are the key drivers of the economy and development of a country. The economic and social impacts of STI require a deep understanding of the STI ecosystem, which includes the interactions between actors, their technologies, and their business models. This book, "Science, Technology, and Innovation Ecosystems: A National and Global Perspective," focuses on the STI ecosystem of India in comparison to other innovation-backed global countries. It will include a study of the entire STI ecosystem, focusing on the system interconnectedness required for strengthening it. The building of interconnection within actors of the STI ecosystem is one of the paramount requirements to reinvigorate the STI ecosystem as a whole. The book will also present the crucial role of STI in bringing socio-economic development from a national and international perspective. It addresses the development of viable solutions for a sustainable future and a positive societal transformation with the help of innovative science-based approaches. This book showcases the future of science in terms of emerging frontier and strategic technologies, giving us a snapshot of future STI efforts worldwide. Emphasis is given to the policy directives and program interventions backed by evidence to revamp the STI system by addressing the societal and economic needs of the country. The book will strategically bring the concept of the relevance of the Intellectual Property (IP) ecosystem in building the country’s innovation capacity along with specific pieces of evidence on how the IP system should be roped in to bring higher innovation efficiency. An insight is provided to chart out the pathway for creating a knowledge-based economy focusing on knowledge production to knowledge consumption through knowledge diffusion.