Thursday, September 8, 2016

On my book, "Innovation by India for India, The Need and the Challenge"

  


Innovation by India for India, the Need and the Challenge
Author: Vaidyanathan Ramaswami

Inspired by & Dedicated to: Dr. Abdul Kalam
Recommended by: Dr. Anurag Kumar, Director, IISc., and  
  Padmabhushan Dr. V. Rajaraman, Supercomputer Research Center, IISc.
Publisher: Siksha Publications, USA
                                            ISBN: 978-0-997577-0-9

Indian edition (soft bound) available in India through amazon and flipkart



   

     Unlike many books that view India purely as a lucrative market or as a cheap R&D or manufacturing hub for foreign multinationals, this book espouses an entirely different point of view.  Its main theme is that India’s only chance of becoming developed is through innovations by Indians in India with ownership retained by them to result in businesses with novel products and services that India can use to meet its own needs and can market globally.  It proposes many specific steps towards that lofty goal.

    Books on India’s development are typically written by economists, social scientists, and management professionals.   The books written specifically on innovation deal with historical successes at the individual case level and do not cover the macro issues related to an ecology of innovation adequately based on best practices around the world.   The specific merits of this book lie in the fact that it is written by an innovator and research scientist who has had extensive international experience as faculty, industry researcher, innovator, start up manager, and strategist.  His background in statistics and macro-economics also have benefited the book as evidenced by a carefully crafted analysis of India’s foreign debt.  That analysis shows how the apparent growth of India, due primarily to its IT industry, is misleading and may indeed be one that has made the nation only “income statement rich” while becoming “balance sheet poor.” 
    
     The merits of the book have been noticed by leading scientists who have endorsed it heartily.  Among them are the Director of the venerable Indian Institute of Science and also a pioneer in computing sciences in India. 

    Above all, being written by an Indian citizen who in his own words is one “with a deep connection to India and some great debts to repay,” the book offers an optic from the standpoint of an India aspiring to join the league of developed nations.  It is in this regard that the book’s value extends beyond India to many other nations.

     The importance of India’s development is not just in the Indian interest.  As the world’s largest democracy, India’s success will have great import to the entire world as an assertion of the power of democracy as an agent of progress.  Furthermore, India’s development will increase international trade, significantly uplifting many other boats simultaneously.  Based on these facts and the significant resources for ‘making in India’ and for start-ups that India is currently allocating, the book is quite timely.

    The book is written for the non-specialist and contains much valuable data and references.

“While India has made tremendous strides economically over the last couple of decades much remains to be done. Innovation is the key, and this wise book gives us the road map. Strongly recommended.” – A reader at amazon.com




For more information, please visit http://www.innovationbyindiaforindia.com

No comments:

Post a Comment

Your feedback is deeply appreciated. Comments will be moderated.