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.
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
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