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Innovation
Innovation
Innovation
Innovation
Innovation
Innovation
Innovation
Innovation
Innovation
Innovation
Innovation
Innovation
Innovation
Innovation
Innovation
Innovation
Innovation
Innovation
Innovation
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Innovation

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  • 1. Innovation in the minds of Young IndiaCourse Title Organizational BehaviourCourse Instructor Prof. Dr. Satish PandeyBatch Exe-MBA-10 (Roll No’s: 20104001/2/3 1. Abhik Tushar Das (Roll No.4001)Group Members 2. Ajay Cecil (Roll No.4002) 3. Anand Singh (Roll No.4003) “Identifying factors influencing the perception ofTopic / Area of Research students towards Innovation” 1. Abstract 2. Research Problem 3. Research Questions 4. Type of Study 5. Research Process & Methodology 6. Scope of ResearchContents 7. Data Source 8. Interpretations 9. Findings 10. Weightages and results 11. Bibliography 12. AnnexureExe-MBA-10 (Organizational Behaviour) Page 1
  • 2. Innovation in the minds of Young IndiaAbstract:The project would aim at identifying the factors influencing the students at PDPU aboutInnovation, as a concept and its role in society. A questionnaire based survey isconducted to identify the factors affecting the course objectives.Research Problem:The innovation index of India is only 56 among 130 countries on the Innovation indexand has dropped down the list compared to the previous list. This can be attributed tothe perception of people towards Innovation and also the design of the pedagogy inUniversities amongst many other factors. The project aims at surveying a group of youngstudents at the Pandit Deendayal Petroleum University (PDPU) and develops ameaningful conclusion towards identifying the problem.Research Questions:The research project seeks to explore answers to the following questions: 1. What according to you best defines Innovation? 2. Which of the below do you think are important attributes for becoming an Innovator? 3. Do you believe that the PDPU campus has fostered an environment for Innovation? 4. Where do you think India stands in terms of world ranking on Innovation? 5. Do you believe that Innovation comes only from your DNA and cannot be nurtured? 6. Do you feel that your academic course has encouraged Innovative thinking within yourself? 7. What according to you hinders India from becoming the top country in the world for Innovation? 8. Who do you feel has the most important role in creating Innovative thinking? 9. According to you what could become factors for furthering Innovation in India?Exe-MBA-10 (Organizational Behaviour) Page 2
  • 3. Innovation in the minds of Young India 10. Do you think that you could benefit as students if a technology forum on Innovation was established on campus?Exe-MBA-10 (Organizational Behaviour) Page 3
  • 4. Innovation in the minds of Young IndiaType of Study:It is a Descriptive Study focusing on the factors affecting the minds of students who arethe future professionals about their perceptions on Innovation and the role of theUniversity in promoting Innovation.Research Process & Methodology:The methodology for the research project would involve the following:1. Collection of relevant information and literature reviews to understand the concept of innovation.2. Analyzing the existing psychology of students about innovation.3. Conducting a questionnaire based sample survey for obtaining individual responses.4. Applying business statistics tools (mean, median, and mode) further present the data in numerical form (as per table below).Thus, the research project would involve four stages. a) Questionnaire formation b) Data collection c) Data analysis d) ConclusionsScope of Research:The scope of the project is limited to students of Pandit Deendayal Petroleum University(PDPU) from varied academic programme like SLS (School of Liberal Studies), SPT(School of Petroleum Technology), and SPM (School of Petroleum Management).The Sample is drawn from a literate population of students.Exe-MBA-10 (Organizational Behaviour) Page 4
  • 5. Innovation in the minds of Young IndiaData Source: The primary data (samples) would be obtained through questionnaire based survey. Other reports/ studies would be obtained from various published sources and on- line journals (based on their availability in the public domain).Interpretations:Based on the existing studies, the following sets of factors identify the perceptivenessregarding the innovative thought processes in the minds of students: a) Academic curriculum It measures innovation as a function of the course pedagogy in the university and its ability to foster the minds of young students to adopt an out-of-the-box thinking ability. b) Personality traits It measures the inherent qualities in an individual and its effects on innovative thinking. c) Global perspective This measures the effect of globalization on the ability of an individual to think innovatively, and its role in promotion of innovation as a unique concept.To assess the significance of these factors in determining the perceptiveness of studentsregarding innovation, a questionnaire based survey was conducted. The questionnaire isgiven in Annexure.Exe-MBA-10 (Organizational Behaviour) Page 5
  • 6. Innovation in the minds of Young IndiaFindings:1. What according to you best defines Innovation? Q1 definition Answer a 28 b 2 c 14 d 4 e 0Inference: According to survey 58 % of the respondents define innovation as an “application ofa fresh idea”2. Which of the below do you think are important attributes for becoming an Innovator?Q2 rank1 rank2 rank3 rank4 rank5a 4 14 12 8 10b 16 10 10 12 0c 10 8 12 14 4d 0 4 4 6 34e 18 10 10 8 0Inference: According to survey 37.5 % of the respondents rates creative mind as the mostimportant attribute for becoming an innovator.Exe-MBA-10 (Organizational Behaviour) Page 6
  • 7. Innovation in the minds of Young India 3. Do you believe that the PDPU campus has fostered an environment for Innovation? Q3 PDPU Answer a 2 b 14 c 10 d 12 e 10 Inference: According to survey 29% of the respondents believe that pdpu campus has fostered an environment for innovation. 4. Where do you think India stands in terms of world ranking on Innovation?Q4 India rank Answera 8b 4c 12d 16e 8 Inference: According to survey 1/3 of the respondents believe that India ranks between 35 to 50 in the world ranking of innovation. According to 2010 survey by World Bank and the Organisation for Economic Cooperation and Development , India holds 56 position. 5. Do you believe that Innovation comes only from your DNA and cannot be nurtured? Q10 Answer a 18 b 32 c 0 d 0 e 0 Exe-MBA-10 (Organizational Behaviour) Page 7
  • 8. Innovation in the minds of Young IndiaInference: According to survey 45.8 %respondents disagree that innovation comes by birth andcan not be nurtured.Exe-MBA-10 (Organizational Behaviour) Page 8
  • 9. Innovation in the minds of Young India 6. Do you feel that your academic course has encouraged Innovative thinking within yourself? Q6 course Answer a 2 b 18 c 8 d 14 e 6 Inference: According to survey37.5% of the respondents agreed that academic courses encourage innovative thinking in oneself. 7. What according to you hinders India from becoming the top country in the world for Innovation?Q7 rank 1 rank 2 rank 3 rank 4 rank 5a 2 16 6 16 6b 12 4 10 12 8c 14 8 8 2 14d 18 4 12 2 10e 0 14 10 12 10 Inference: According to survey 37.5 % of the respondents believe lack of coordination in government departments prevents India to becoming the top country n the world for innovation. Exe-MBA-10 (Organizational Behaviour) Page 9
  • 10. Innovation in the minds of Young India 8. Who do you feel has the most important role in creating Innovative thinking?Q8 rank 1 rank 2 rank 3 rank 4 rank 5a 40 4 0 0 4b 2 24 10 8 4c 2 16 10 16 2d 0 0 12 10 26e 4 4 14 14 12 Inference: According to survey83.3% of the respondents believe that the individual has most important role in creating innovative thinking. 9. According to you what could become factors for furthering Innovation in India?Q9 rank 1 rank 2 rank 3 rank 4 rank 5a 14 18 6 0 12b 2 14 12 14 6c 30 4 4 8 2d 2 6 10 12 18e 0 6 18 14 10 Inference: According to survey 62.5 % of the respondents feels developing ones skill set is the most important factor for the innovation. 10. Do you think that you could benefit as students if a technology forum on Innovation was established on campus? Exe-MBA-10 (Organizational Behaviour) Page 10
  • 11. Innovation in the minds of Young India Q10 Answer a 18 b 32 c 0 d 0 e 0Inference: According to survey 66.6 % of the respondents agrees to the fact that one couldbenefit as students if a technology form on innovation was established in campus.Exe-MBA-10 (Organizational Behaviour) Page 11
  • 12. Innovation in the minds of Young India 14 12 10 8 Male 6 Female 4 2 0 SPM SPT SOT SLSExe-MBA-10 (Organizational Behaviour) Page 12
  • 13. Innovation in the minds of Young IndiaS Innovation drivers WeightageNo.1 Academic curriculum 33.33%2 Personality traits 33.33%3 Global perspective 33.33%Results:S Innovation Drivers ResultsNo. (% of respondents)1 Academic curriculum 31.462 Personality traits 42.683 Global perspective 25.86Exe-MBA-10 (Organizational Behaviour) Page 13
  • 14. Innovation in the minds of Young IndiaExe-MBA-10 (Organizational Behaviour) Page 14
  • 15. Innovation in the minds of Young IndiaBibliography:1. Maital & Seshadri, S.M. & D.V.R (2007), Innovation Management, London: Sage, p 117-140.2. Barton Rabe, C.B.R (2006), The Innovation Killer, Broadway, New York: Amacom, P 9-203. Subbarao, E.C (2008), An Eye for Excellence, New Delhi: Harper Collins, p 22-354. http://www.insead.edu/facultyresearch/centres/elab/documents/GIIFinal0809.pdf5. http://www.livemint.com/2010/03/03213600/Iceland-tops-innovation-index.html6. http://www.tenfacesofinnovation.com/thebook/index.htm7. The Art of Innovation: Lessons in Creativity from Ideo, Americas Leading Design Firm by Tom Kelley8. http://www.amazon.com/Innovation-Entrepreneurship-Peter-F- Drucker/dp/0887306187/ref=cm_lmf_img_2#reader_0887306187Exe-MBA-10 (Organizational Behaviour) Page 15
  • 16. Innovation in the minds of Young India ANNEXURE 1. What according to you best defines Innovation? (choose any one) a) Application of a fresh idea b) An invention c) Doing things differently d) New technology e) Don’t know 2. Which of the below do you think are important attributes for becoming an Innovator? (Rank 1-5, 1 has highest rank) a) Motivation __ b) Visionary __ c) Independent – minded __ d) Defy the crowd __ e) Creative – minded __ 3. Do you believe that the PDPU campus has fostered an environment for Innovation? a) Strongly agree b) AgreeExe-MBA-10 (Organizational Behaviour) Page 16
  • 17. Innovation in the minds of Young India c) Undecided d) Disagree e) Strongly disagree 4. Where do you think India stands in terms of world ranking on Innovation? a) Top 15 b) 15 – 20 c) 20 – 35 d) 35 – 50 e) 50 – 60 5. Do you believe that Innovation comes only from your DNA and cannot be nurtured? a) Strongly agree b) Agree c) Undecided d) Disagree e) Strongly disagree 6. Do you feel that your academic course has encouraged Innovative thinking within yourself? a) Strongly agree b) Agree c) Undecided d) Disagree e) Strongly disagreeExe-MBA-10 (Organizational Behaviour) Page 17
  • 18. Innovation in the minds of Young India 7. What according to you hinders India from becoming the top country in the world for Innovation? (Rank 1-5, 1 has highest rank) a) Bureaucracy __ b) Lack of coordination in govt. Departments __ c) Poor quality in post graduate studies __ d) Lack of vision __ e) Poor funding __ 8. Who do you feel has the most important role in creating Innovative thinking? (Rank 1-5, 1 has highest rank) a) Individual (you) __ b) Classmates __ c) Faculty __ d) PDPU __ e) Clubs __ 9. According to you what could become factors for furthering Innovation in India? (Rank 1-5, 1 has highest rank) a) R&D initiatives __ b) Foreign collaboration __ c) Developing one’s skill set __ d) Venture capitalists __Exe-MBA-10 (Organizational Behaviour) Page 18
  • 19. Innovation in the minds of Young India e) Technology Park & Incubators by govt. __ 10. Do you think that you could benefit as students if a technology forum on Innovation was established on campus? a) Strongly agree b) Agree c) Undecided d) Disagree e) Strongly disagreeExe-MBA-10 (Organizational Behaviour) Page 19

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