The document discusses various topics related to digitalization, innovation, entrepreneurship and the Indian government's support for these areas. It defines key concepts like digitalization, innovation, entrepreneurship and defines new areas like digital entrepreneurship. It outlines several Indian government initiatives to promote innovation and entrepreneurship like Startup India, Make in India, Atal Innovation Mission and others. It also discusses how these efforts aim to foster a culture of innovation, boost the economy and create jobs in India.
Entrepreneur's handbook( A guide to India's Startup Ecosystem)Prabal13
With the wave of catalyzing the startup culture in India, everyone wants to become their own boss. While they plan to start their own venture, the Guide to India's Startup Ecosystem is one such primer that they need to know about the Startup Environment in India. The handbook is curated by students of School of Business, Public Policy and Social Entrepreneurship, Ambedkar University Delhi.
Entrepreneur's handbook( A guide to India's Startup Ecosystem)Prabal13
With the wave of catalyzing the startup culture in India, everyone wants to become their own boss. While they plan to start their own venture, the Guide to India's Startup Ecosystem is one such primer that they need to know about the Startup Environment in India. The handbook is curated by students of School of Business, Public Policy and Social Entrepreneurship, Ambedkar University Delhi.
CIOAA partnered with NTT Communications to organise this exclusive CIO Workshop bringing together a select group of tech leaders to discuss game-changing strategies on how innovation can re-shape businesses today.
The status of innovation in indian startups convertedRohitBisht96
In the last decade, entrepreneurship has become a popular choice for people as they explore ways to start their own businesses. In India, at least one in five adults are self-employed and many of these entrepreneurs have been able to turn their ideas into successful ventures.
Artificial Intelligence Empowering the Future of Digital Transformationijtsrd
Artificial Intelligence is not only about the machines that play an authoritative role in humans, but they both are working together. Machines provide the human with the ability of insight and perspective but the machines will not provide the decisive role of supplying judgement and creativity. There is a huge scope of artificial intelligence in this era. The combination of human creativity and technology together results in the excitement that can solve various problems and challenges related to the world. Deepak Kumar "Artificial Intelligence Empowering the Future of Digital Transformation" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-3 , April 2020, URL: https://www.ijtsrd.com/papers/ijtsrd30287.pdf Paper Url :https://www.ijtsrd.com/computer-science/artificial-intelligence/30287/artificial-intelligence-empowering-the-future-of-digital-transformation/deepak-kumar
Business continuity plan in public sector Dwi Heriyanto
How to survive in crisis era, like Covid 19 era, this is use case about Business Continuity Plan in Public Sector especially in Telecommunication company, like Telkom Indonesia. How Telkom respond this Covid 19 era, Telkom responding in 4 set actions, 1 Leaders Alignment (one perception on direction), s2. Workforce Protection (Save an Employee first to serve more better service to customers), 3. Customers Engagement (give more than customers pay), 4. Corporate Social Responsibility (the more you give the more you get)
The Atal Innovation Mission (AIM) is being set up under NITI. AIM will be an Innovation Promotion Platform involving academics, entrepreneurs, and researchers drawing upon national and international experiences to foster a culture of innovation, R&D in India. The platform will also promote a network of world-class innovation hubs and grand challenges for India.
BusinessDay Research & Intelligence Unit (BRIU) presents excerpts from over 200 pages of the maiden edition of our annual Innovation Report 2018 sub-titled Companies to Inspire Nigeria following the first BusinessDay Innovation Awards held in 2017.
The report tracks the innovative trends and strides of 88 Companies who introduced and pioneered inventive and ground-breaking products, services, models, processes and ideas in Nigeria that revolutionised our local markets over the last three (3) years (2014 to 2017).
Innovation is a prerequisite for corporate survival and the lifeblood of sustainable business growth and development globally. Organisations that innovate successfully are those that drive the future of the sectors or markets in which they play and indeed the overall economy they are located.
Digital talent incubator collaboration frameworkDwi Heriyanto
Digital talent incubator collaboration is one of initiatives collaboration from TelkomGroup to synergy Telkom and Telkom Education Foundation (Telkom University, Telkom School, etc).
Rishikesha T Krishnan Presentation at Thinkers50 IndiaDr. Amit Kapoor
Thinkers50 India is a joint initiative of Institute for Competitiveness, India and Thinkers50.
Institute for Competitiveness, India is an international initiative centred in India, dedicated to enlarging and purposeful disseminating of the body of research and knowledge on competition and strategy. Institute for Competitiveness, India conducts and supports indigenous research, offers academic and executive courses, and provides advisory services to the Corporate and the Governments. The institute studies competition and its implications for company strategy; the competitiveness of nations, regions & cities and thus generates guidelines for businesses and those in governance; and suggests and provides solutions for socio-economic problems.
Created in 2001 by Stuart Crainer and Des Dearlove, the Thinkers50 was the first-ever global ranking of management thinkers. In the intervening decade, the scope of Thinkers50 has broadened to include a range of activities that support its mission of identifying, ranking and sharing the best management thinking in the world. Today, Thinkers50 is widely recognized as the world’s definitive ranking of the top 50 business thinkers, and the T50 Distinguished Achievement Awards are widely regarded as the “Oscars of management thinking.”
Susan Zielinski Thinkers50 India PresentationDr. Amit Kapoor
Thinkers50 India is a joint initiative of Institute for Competitiveness, India and Thinkers50.
Institute for Competitiveness, India is an international initiative centred in India, dedicated to enlarging and purposeful disseminating of the body of research and knowledge on competition and strategy. Institute for Competitiveness, India conducts and supports indigenous research, offers academic and executive courses, and provides advisory services to the Corporate and the Governments. The institute studies competition and its implications for company strategy; the competitiveness of nations, regions & cities and thus generates guidelines for businesses and those in governance; and suggests and provides solutions for socio-economic problems.
Created in 2001 by Stuart Crainer and Des Dearlove, the Thinkers50 was the first-ever global ranking of management thinkers. In the intervening decade, the scope of Thinkers50 has broadened to include a range of activities that support its mission of identifying, ranking and sharing the best management thinking in the world. Today, Thinkers50 is widely recognized as the world’s definitive ranking of the top 50 business thinkers, and the T50 Distinguished Achievement Awards are widely regarded as the “Oscars of management thinking.”
Telkom has a strong culture called The Telkom Way, this presentation share how Telkom Indonesia Build and Activate The Telkom Way, Leaders is very important , because talking about culture is top down policy and you must have Role model, Culture Agent and Culture Activations team.
The Internet of Us: Why Human Experience Is Vital to Building Useful IoT Appl...Cognizant
Successful industrial IoT solutions incorporate insights into human behavior before building things, thereby reducing adoption risk, improving productivity, compressing development cycles and more quickly realizing looked-for ROI.
Disciplined execution in a VUCA environment a case of ECONET ZimbabweFayaz King
lessons and insights of disciplined execution of strategy in a Volatile, Uncertain, Complex and Ambiguous environment. Moving from a Mobile Network Operator to a Digital business through the SDG's.
Focus: Innovation and Technical Capability
Innovation and technical capability have been the key drivers of economic growth. Countries which have focused on research and adopted changes have seen faster economic progress than countries which have not. In the past, India has been ranked low on research and development and the challenges related to design, innovation, patent filing and a supportive start-up ecosystem have hampered India’s economic progress.
The Indian Government and the Industry recognize that disruption through convergence of technology and enterprise can be a game-changer for the economy and society. The recent demonetisation drive by the Government of India, in a way, has inaugurated a Fintech revolution. Innovations in the financial technologies such as digital payment gateways and mobile wallets by a host of home-grown ventures are transforming the present financial landscape by offering more transactional agility and transparency.
CIOAA partnered with NTT Communications to organise this exclusive CIO Workshop bringing together a select group of tech leaders to discuss game-changing strategies on how innovation can re-shape businesses today.
The status of innovation in indian startups convertedRohitBisht96
In the last decade, entrepreneurship has become a popular choice for people as they explore ways to start their own businesses. In India, at least one in five adults are self-employed and many of these entrepreneurs have been able to turn their ideas into successful ventures.
Artificial Intelligence Empowering the Future of Digital Transformationijtsrd
Artificial Intelligence is not only about the machines that play an authoritative role in humans, but they both are working together. Machines provide the human with the ability of insight and perspective but the machines will not provide the decisive role of supplying judgement and creativity. There is a huge scope of artificial intelligence in this era. The combination of human creativity and technology together results in the excitement that can solve various problems and challenges related to the world. Deepak Kumar "Artificial Intelligence Empowering the Future of Digital Transformation" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-3 , April 2020, URL: https://www.ijtsrd.com/papers/ijtsrd30287.pdf Paper Url :https://www.ijtsrd.com/computer-science/artificial-intelligence/30287/artificial-intelligence-empowering-the-future-of-digital-transformation/deepak-kumar
Business continuity plan in public sector Dwi Heriyanto
How to survive in crisis era, like Covid 19 era, this is use case about Business Continuity Plan in Public Sector especially in Telecommunication company, like Telkom Indonesia. How Telkom respond this Covid 19 era, Telkom responding in 4 set actions, 1 Leaders Alignment (one perception on direction), s2. Workforce Protection (Save an Employee first to serve more better service to customers), 3. Customers Engagement (give more than customers pay), 4. Corporate Social Responsibility (the more you give the more you get)
The Atal Innovation Mission (AIM) is being set up under NITI. AIM will be an Innovation Promotion Platform involving academics, entrepreneurs, and researchers drawing upon national and international experiences to foster a culture of innovation, R&D in India. The platform will also promote a network of world-class innovation hubs and grand challenges for India.
BusinessDay Research & Intelligence Unit (BRIU) presents excerpts from over 200 pages of the maiden edition of our annual Innovation Report 2018 sub-titled Companies to Inspire Nigeria following the first BusinessDay Innovation Awards held in 2017.
The report tracks the innovative trends and strides of 88 Companies who introduced and pioneered inventive and ground-breaking products, services, models, processes and ideas in Nigeria that revolutionised our local markets over the last three (3) years (2014 to 2017).
Innovation is a prerequisite for corporate survival and the lifeblood of sustainable business growth and development globally. Organisations that innovate successfully are those that drive the future of the sectors or markets in which they play and indeed the overall economy they are located.
Digital talent incubator collaboration frameworkDwi Heriyanto
Digital talent incubator collaboration is one of initiatives collaboration from TelkomGroup to synergy Telkom and Telkom Education Foundation (Telkom University, Telkom School, etc).
Rishikesha T Krishnan Presentation at Thinkers50 IndiaDr. Amit Kapoor
Thinkers50 India is a joint initiative of Institute for Competitiveness, India and Thinkers50.
Institute for Competitiveness, India is an international initiative centred in India, dedicated to enlarging and purposeful disseminating of the body of research and knowledge on competition and strategy. Institute for Competitiveness, India conducts and supports indigenous research, offers academic and executive courses, and provides advisory services to the Corporate and the Governments. The institute studies competition and its implications for company strategy; the competitiveness of nations, regions & cities and thus generates guidelines for businesses and those in governance; and suggests and provides solutions for socio-economic problems.
Created in 2001 by Stuart Crainer and Des Dearlove, the Thinkers50 was the first-ever global ranking of management thinkers. In the intervening decade, the scope of Thinkers50 has broadened to include a range of activities that support its mission of identifying, ranking and sharing the best management thinking in the world. Today, Thinkers50 is widely recognized as the world’s definitive ranking of the top 50 business thinkers, and the T50 Distinguished Achievement Awards are widely regarded as the “Oscars of management thinking.”
Susan Zielinski Thinkers50 India PresentationDr. Amit Kapoor
Thinkers50 India is a joint initiative of Institute for Competitiveness, India and Thinkers50.
Institute for Competitiveness, India is an international initiative centred in India, dedicated to enlarging and purposeful disseminating of the body of research and knowledge on competition and strategy. Institute for Competitiveness, India conducts and supports indigenous research, offers academic and executive courses, and provides advisory services to the Corporate and the Governments. The institute studies competition and its implications for company strategy; the competitiveness of nations, regions & cities and thus generates guidelines for businesses and those in governance; and suggests and provides solutions for socio-economic problems.
Created in 2001 by Stuart Crainer and Des Dearlove, the Thinkers50 was the first-ever global ranking of management thinkers. In the intervening decade, the scope of Thinkers50 has broadened to include a range of activities that support its mission of identifying, ranking and sharing the best management thinking in the world. Today, Thinkers50 is widely recognized as the world’s definitive ranking of the top 50 business thinkers, and the T50 Distinguished Achievement Awards are widely regarded as the “Oscars of management thinking.”
Telkom has a strong culture called The Telkom Way, this presentation share how Telkom Indonesia Build and Activate The Telkom Way, Leaders is very important , because talking about culture is top down policy and you must have Role model, Culture Agent and Culture Activations team.
The Internet of Us: Why Human Experience Is Vital to Building Useful IoT Appl...Cognizant
Successful industrial IoT solutions incorporate insights into human behavior before building things, thereby reducing adoption risk, improving productivity, compressing development cycles and more quickly realizing looked-for ROI.
Disciplined execution in a VUCA environment a case of ECONET ZimbabweFayaz King
lessons and insights of disciplined execution of strategy in a Volatile, Uncertain, Complex and Ambiguous environment. Moving from a Mobile Network Operator to a Digital business through the SDG's.
Focus: Innovation and Technical Capability
Innovation and technical capability have been the key drivers of economic growth. Countries which have focused on research and adopted changes have seen faster economic progress than countries which have not. In the past, India has been ranked low on research and development and the challenges related to design, innovation, patent filing and a supportive start-up ecosystem have hampered India’s economic progress.
The Indian Government and the Industry recognize that disruption through convergence of technology and enterprise can be a game-changer for the economy and society. The recent demonetisation drive by the Government of India, in a way, has inaugurated a Fintech revolution. Innovations in the financial technologies such as digital payment gateways and mobile wallets by a host of home-grown ventures are transforming the present financial landscape by offering more transactional agility and transparency.
Our world is changing at an unprecedented pace, driven by a new digital economy. Companies across sectors are keen to become more efficient, disruptive, and differentiated, by using new technologies and supported by an ecosystem of customers, partners, and technology leaders. New-age technologies such as Artificial Intelligence (AI), Augmented Reality (AR), Blockchain, Machine Learning, 3D printing, and IoT are gaining more and more importance and acceptance.
India has all the ingredients in place to leverage this innovation and technological advantage in the long run, including university graduates, public institutes and corporates. However, India’s gross expenditure on R&D as a proportion of GDP (GERD) is less than 0.7% as of 2014-15 and within this, the share of industry is just 30%. Further, the vast SME sector needs to scale up technology infusion for higher productivity.
Digital empowerment enables digital participants to make maximum use of the potentials of information technologies. Digital empowerment largely involves creating a culture that supports and thrives on rapid innovation. It is critical in a knowledge society and economy. It requires openness, freedom, and democracy for furthering the progress towards a knowledge society. It is a necessity for any country that wants its citizens to participate in the global economy. This paper introduces digital empowerment as well as it applications and challenges. Matthew N. O. Sadiku | Uwakwe C. Chukwu | Abayomi Ajayi-Majebi | Sarhan M. Musa "Digital Empowerment: An Introduction" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-4 , June 2022, URL: https://www.ijtsrd.com/papers/ijtsrd50141.pdf Paper URL: https://www.ijtsrd.com/engineering/mechanical-engineering/50141/digital-empowerment-an-introduction/matthew-n-o-sadiku
Pitched a novel model for establishing a Think Tank to improve the Indian startup ecosystem.
Key goals include:
1) Driving Technology development
2) Studying the co-evolution society and technology
3) Actively collaborating with the government, International community for Policy making and Advocacy.
Collaborated with Vijay Raghavan.
Photo by Jo Szczepanska on Unsplash
CII organized a series of roadshows in tier II and III cities across the country to promote the adoption of IT products and solutions among SMEs. For more information, please contact sainath.p@cii.in.
Startups –A New Paradigm for Young EntrepreneursAI Publications
Never before in the history of India, a successful initiative was taken by Government of India by announcing a campaign by Indian Prime Minister, Shri Narendra Modi at Vigyan Bhavan Auditorium in New Delhi during his speech on 15 August 2015. Even No-one would have been thought about its huge success at that moment. But now, just look at the magical moves taken by this unbelievable movement in the business world of India. Success is not the result of a single stroke. No doubt various parameters were fixed at different levels to encourage Startup journey. So many convincing factors worked diligently to ensure its success. However, it has covered a long journey of success despite of various hurdles. Not only it has been promoted in India but also it has been cherished globally. Huge population, Hidden talent in educated youth, Readiness of Investors, Technical advancement and different Government schemes like DIGITAL INDIA, STAND-UP INDIA, MAKE IN INDIA AND SWARAJ and many more pushed it enough to flourish around the world. A startup defines us to be our own boss and of course meeting the demand for employment by others that requires a lot of patience and tactics. It is a well-organized and disciplined way of using several factors like basic idea, market strategies, level of competition, and Techno-Pro attitude especially in the present scenario of entrepreneurship before putting huge steps to accomplish the journey. Different and severally important elements play an effective role in entrepreneurial success like availability of Infrastructural facilities, government rules and regulations and funds availability during various phases of growth. History shows the ups and downs of this journey by revealing various examples of its success or failure within a short span of time after mentioning the actual causes responsible for .The paper titled ‘STARTUPS –A NEW PARADIGM FOR YOUNG ENTREPRENEURS’ depicts the entire story of its coming into existence with the current status.
Fostering Innovation From Grassroots: Atal Innovation Missionshruti1menon2
AIM's flagship initiative, Atal Tinkering Labs (ATLs), are set up in schools across India to encourage curiosity and problem-solving skills among students. Equipped with cutting-edge tools like 3D printers and robotics kits, ATLs offer hands-on experience in STEM subjects. By fostering tinkering and experimentation, ATLs promote innovation from a young age, nurturing future innovators.
The relentless drive for innovation among start-ups has not only attracted substantial investments but has also witnessed the need for Sustainable and Inclusive growth.
In January 2017, the Business and Sustainable Development Commission highlighted the huge economic opportunity inherent in meeting the UN 2030 Sustainable Development Goals (the Global Goals).
Salma Karina Hayat is Conscious Digital Transformation Leader at Kudos | Empowering SMEs via CRM & Digital Automation | Award-Winning Entrepreneur & Philanthropist | Education & Homelessness Advocate
When listening about building new Ventures, Marketplaces ideas are something very frequent. On this session we will discuss reasons why you should stay away from it :P , by sharing real stories and misconceptions around them. If you still insist to go for it however, you will at least get an idea of the important and critical strategies to optimize for success like Product, Business Development & Marketing, Operations :)
Reflect Festival Limassol May 2024.
Michael Economou is an Entrepreneur, with Business & Technology foundations and a passion for Innovation. He is working with his team to launch a new venture – Exyde, an AI powered booking platform for Activities & Experiences, aspiring to revolutionize the way we travel and experience the world. Michael has extensive entrepreneurial experience as the co-founder of Ideas2life, AtYourService as well as Foody, an online delivery platform and one of the most prominent ventures in Cyprus’ digital landscape, acquired by Delivery Hero group in 2019. This journey & experience marks a vast expertise in building and scaling marketplaces, enhancing everyday life through technology and making meaningful impact on local communities, which is what Michael and his team are pursuing doing once more with Exyde www.goExyde.com
2. Digitalization
Digitalization is a process of converting material or information into a digital
form. It is the automation o f a process by digitizing information and injecting
technology for the purpose of automation.
From storing documents, online backups, workflow and document management
to remote working, the possibilities are endless. The process is faster, more
efficient and safer than offline equivalents. The process of automation saves you
time, space and money.
Key Benefits:
Increases Efficiency
Reduces Operational Cost
Enables Data To Be Analyzed
Safer Data Storage in the Cloud
Lack of Human Error
3. Innovation
Innovation can be defined simply as a “new idea, device or method”. Such
innovation takes place through the provision of more effective products, process,
services, technologies or business models that are made available to markets,
governments and society. The term ‘innovation’ can be defined as something
original and more effective.
4. Entrepreneurship
The capacity and willingness to develop, organize and manage a business venture along
with any of its risks in order to make a profit. The most obvious example of
entrepreneurship is the starting of new businesses.
In economics, entrepreneurship combined with land, labor, natural resources and capital
can produce profit. Entrepreneurial spirit is characterized by innovation and risk-taking,
and is an essential part of a nation's ability to succeed in an ever changing and
increasingly competitive global marketplace.
5. Digital Entrepreneurship
Digital Entrepreneurship, as a relevant socio-economic and technological
phenomenon, which can be considered as the joining of traditional
entrepreneurship with an emphasis on leveraging new digital technologies in
novel ways, such as social, mobile analytics, cloud and cyber-solutions, all in
order to shift the traditional way of creating and doing business in the digital era.
Digital Entrepreneurship can be defined as embracing “new ventures and the
transformation of existing business by creating and using novel digital
technologies. Digital Enterprises are characterized by a high intensity of
utilization of new technologies (particularly social, mobile, analytics and cloud
solutions) to improve business operations, invent new (digital) business model,
sharpen business intelligence, and engage with customers and stakeholders
through new (digital) channels.
This special issue seeks particularly, but not exclusively, contributions on two
main threads:
I. From the perspective of the digital start-up and digital scale-up venture and
their entrepreneurs.
II. From the creation and development of digital start-ups and their scale-up
ecosystems.
7. Innovative Entrepreneurship
•Why is innovative entrepreneurship important ?
At a time when policy makers are pooling efforts to restore growth and overcome
the global economic and financial crises, specific attention has been focused on
innovative entrepreneurship, as it can play an important role in contributing to
economic growth, job creation and poverty reduction, and can help address key
social challenges.
•What types of businesses are innovative
entrepreneurship?
The definition of innovative entrepreneurship used here is not synonymous with
either small and medium-sized enterprises (SME’s) or business start-ups but is
derived from the intersection of three areas :
Innovative Businesses
Young and High-growth Businesses
SME’s
8.
9. Support of Indian Government for
Innovation and Entrepreneurship
The government of India has undertaken several initiatives and
instituted policy measures to foster a culture of innovation and
entrepreneurship in the country. Job creation is a foremost challenge
facing India. With a significant and unique demographic advantage,
India, however, has immense potential to innovate, raise
entrepreneurs and create jobs for the benefit of the nation and the
world.
In the recent years, a wide spectrum of new programs and
opportunities to nurture innovation have been created by the
Government of India across a number of sectors. From engaging
with academia, industry, investors, small and big entrepreneurs,
non-governmental organizations to the most underserved sections of
society.
10. Efforts Of India’s Government For Promoting
Entrepreneurship And Innovation
Recognizing the importance of women entrepreneurship and economic participation in
enabling the country’s growth and prosperity, Government of India has ensured that all
policy initiatives are geared towards enabling equal opportunity for women. The
government seeks to bring women to the forefront of India’s entrepreneurial ecosystem by
providing access to loans, networks, markets and trainings.
A few of India’s efforts at promoting entrepreneurship and innovation are:
1. Start-up India
2. Make in India
3. Atal Innovation Mission (AIM)
4. Support to Training and Employment Programme for Women (STEP)
5. Jan Dhan- Aadhaar- Mobile (JAM)
6. Digital India
7. Biotechnology Industry Research Assistance Council (BIRAC)
8. Department of Science and Technology (DST)
9. Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
10. National Skill Development Mission
11. Science for Equity Empowerment and Development (SEED)
12. Trade related Entrepreneurship Assistance and Development (TREAD)
11. Startup India:
Through the startup india initiative, government of india promotes
entrepreneurship by mentoring, nurturing and facilitating startups throughout their
life cycle. Since its launch in January 2016, the initiative has successfully given A
head start to numerous aspiring entrepreneurs. With A 360 degree approach to
enable startups, the initiative provides A comprehensive four-week free online
learning program, has set up research parks, incubators and startup centers across
the country by creating A strong network of academia and industry bodies. More
importantly, A ‘fund of funds’ has been created to help startups gain access to
funding. At the core of the initiative is the effort to build an ecosystem in which
startups can innovate and excel without any barriers, through such mechanisms as
online recognition of startups, startup india learning programme, facilitated patent
filing, easy compliance norms, relaxed procurement norms, incubator support,
innovation focused programmes for students, funding support, tax benefits and
addressing of regulatory issues. , tax benefits and addressing of regulatory issues
12. Make in India:
Designed to transform India into a global design and manufacturing hub, the
Make in India initiative was launched in September 2014. It came as a powerful
call to India’s citizens and business leaders, and an invitation to potential
partners and investors around the world to overhaul out-dated processes and
policies, and centralize information about opportunities in India’s
manufacturing sector. This has led to renewed confidence in India’s capabilities
among potential partners abroad, business community within the country and
citizens at large. The plan behind Make in India was one of the largest
undertaken in recent history. Among several other measures, the initiative has
ensured the replacement of obsolete and obstructive frameworks with
transparent and user-friendly systems. This has in turn helped procure
investments, foster innovation, develop skills, protect intellectual property and
build best-in-class manufacturing infrastructure.
13. Atal Innovation Mission (AIM):
AIM is the Government of India’s endeavor to promote a culture of
innovation and entrepreneurship, and it serves as a platform for
promotion of world-class Innovation Hubs, Grand Challenges, start-
up businesses and other self-employment activities, particularly in
technology driven areas. In order to foster curiosity, creativity and
imagination right at the school, AIM recently launched Atal
Tinkering Labs (ATL) across India. ATLs are workspaces where
students can work with tools and equipment to gain hands-on training
in the concepts of STEM (Science, Technology, Engineering and
Math). Atal Incubation Centers (AICs) are another programme of
AIM created to build innovative start-up businesses as scalable and
sustainable enterprises. AICs provide world class incubation facilities
with appropriate physical infrastructure in terms of capital equipment
and operating facilities. These incubation centers, with a presence
across India, provide access to sectoral experts, business planning
support, seed capital, industry partners and trainings to encourage
innovative start-ups.
14. Support to Training and
Employment Programme for
Women (STEP):
STEP was launched by the Government of India’s Ministry of Women and
Child Development to train women with no access to formal skill training
facilities, especially in rural India. The Ministry of Skill Development &
Entrepreneurship and NITI Aayog recently redrafted the Guidelines of the 30-
year-old initiative to adapt to present-day needs. The initiative reaches out to
all Indian women above 16 years of age. The programme imparts skills in
several sectors such as agriculture, horticulture, food processing, handlooms,
traditional crafts like embroidery, travel and tourism, hospitality, computer
and IT services.
15. Jan Dhan- Aadhaar- Mobile
(JAM):
JAM, for the first time, is a technological intervention that enables direct
transfer of subsidies to intended beneficiaries and, therefore, eliminates all
intermediaries and leakages in the system, which has a potential impact on
the lives of millions of Indian citizens. Besides serving as a vital check on
corruption, JAM provides for accounts to all underserved regions, in order
to make banking services accessible down to the last mile.
16. Digital India:
The Digital India initiative was launched to modernize the Indian economy
to makes all government services available electronically. The initiative
aims to transform India into a digitally-empowered society and knowledge
economy with universal access to goods and services. Given historically
poor internet penetration, this initiative aims to make available high-speed
internet down to the grassroots. This program aims to improve citizen
participation in the digital and financial space, make India’s cyberspace
safer and more secure, and improve ease of doing business. Digital India
hopes to achieve equity and efficiency in a country with immense diversity
by making digital resources and services available in all Indian languages.
17. Biotechnology Industry Research
Assistance Council (BIRAC):
BIRAC is a not-for-profit Public-Sector Enterprise, set up by Department of
Biotechnology to strengthen and empower emerging biotechnology enterprises.
It aims to embed strategic research and innovation in all biotech enterprises, and
bridge the existing gaps between industry and academia. The ultimate goal is to
develop high-quality, yet affordable, products with the use of cutting edge
technologies. BIRAC has initiated partnerships with several national and global
partners for building capacities of the Indian biotech industry, particularly start-
ups and SME’s, and has facilitated several rapid developments in medical
technology.
18. Trade related Entrepreneurship
Assistance and Development (TREAD):
To address the critical issues of access to credit among India’s underprivileged
women, the TREAD programme enables credit availability to interested women
through non-governmental organizations (NGOs). As such, women can receive
support of registered NGOs in both accessing loan facilities, and receiving
counseling and training opportunities to kick-start proposed enterprises, in order to
provide pathways for women to take up non-farm activities.
19. Pradhan Mantri Kaushal Vikas Yojana
(PMKVY):
A flagship initiative of the Ministry of Skill Development & Entrepreneurship
(MSDE), this is a Skill Certification initiative that aims to train youth in industry-
relevant skills to enhance opportunities for livelihood creation and employability.
Individuals with prior learning experience or skills are also assessed and certified as
a Recognition of Prior Learning. Training and Assessment fees are entirely borne by
the Government under this program.
20. National Skill Development Mission:
Launched in July 2015, the mission aims to build synergies across sectors and States
in skilled industries and initiatives. With a vision to build a ‘Skilled India’ it is
designed to expedite decision-making across sectors to provide skills at scale,
without compromising on quality or speed. The seven sub-missions proposed in the
initial phase to guide the mission’s skilling efforts across India are: (i) Institutional
Training (ii) Infrastructure (iii) Convergence (iv) Trainers (v) Overseas Employment
(vi) Sustainable Livelihoods (vii) Leveraging Public Infrastructure.
21. Science for Equity Empowerment and
Development (SEED):
SEED aims to provide opportunities to motivated scientists and field level workers
to undertake action-oriented, location specific projects for socio-economic gain,
particularly in rural areas. Efforts have been made to associate national labs and
other specialist S&T institutions with innovations at the grassroots to enable access
to inputs from experts, quality infrastructure. SEED emphasizes equity in
development, so that the benefits of technological accrue to a vast section of the
population, particularly the disadvantaged
22. Department of Science and Technology
(DST):
The DST comprises several arms that work across the spectrum on all major projects
that require scientific and technological intervention. The Technology Interventions
for Disabled and Elderly, for instance, provides technological solutions to address
challenges and improve quality of life of the elderly in India through the application
of science and technology. On the other hand, the ASEAN-India Science,
Technology and Innovation Cooperation works to narrow the development gap and
enhance connectivity between the ASEAN countries. It encourages cooperation in
science, technology and innovation through joint research across sectors and
provides fellowships to scientists and researchers from ASEAN member states with
Indian R&D/ academic institutions to upgrade their research skills and expertise.
23. What is e-entrepreneurship?
Internal and external information and communication processes at enterprises across
almost every industry sector have been increasingly supported by electronic
information technologies. The fundamental advantages of such technologies insure
that this trend will continue in the future. The constant development of technology in
the accompanying Net Economy has had a significant influence on various
possibilities for developing innovative business concepts based on electronic
information and communication networks and realizing these by establishing a new
company (e-ventures). Against this background, the term 'e-entrepreneurship'
respectively describes the act of establishing new companies specifically in the Net
Economy. Therefore, this article focuses on answering the following questions: which
environment and which possibilities does the Net Economy offer for new and
innovative entrepreneurial activities.
24.
25. Conclusion
To be successful in sustainable business practices often requires entrepreneurship
and innovation. This chapter provides an overview of entrepreneurship and
innovation as it relates to sustainable business. The discussion is most relevant to
sustainable businesses focused on offering new products and services in response
to societal concerns. The importance of entrepreneurship and innovation also
applies to companies that change how they produce products and services. The
latter companies can use innovative practices and entrepreneurship to establish
their brand name and to be market leaders in doing things that create shared value
for society and their companies and also, over time, contribute to changes in
practices in their industry.