Informatics Publishing Limited

Olga V. Ustyuzhantseva ¹

Affiliations
1 Olga V. Ustyuzhantseva is in the Center of Oriental Studies, Tomsk State University, Prospect Lenina 49, 414, Tomsk 634050, RU

Abstract

This commentary provides arguments about the new Science, Technology and Innovation Policy of India and its compliance with the processes of formation of the subsystem of grassischolar_mains innovations support and development taking place in India. Despite the apparent lack of practical content on the informal sector in the new policy, the existing ecosystem is supported by the State. For its more efficient and large-scale operation, this support should be organized and incorporated into the general pool of measures of development of the national innovation system of India.

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Olga V. Ustyuzhantseva ¹

Affiliations
1 Research Centre for Policy Analysis and Studies of Technologies, National Research Tomsk State University, RU

Abstract

India's economy has a large informal sector, which is generally associated with low labour productivity and poverty in the country. India became the first country to recognize the innovative ability of the informal sector and support it. Grassischolar_mains innovations scouted in various parts of India are now provided a complete cycle of support and integrated into the formal sector through networking cooperation with research institutions, businesses and governmental organizations at various levels. This article traces the genesis of the system of support for grassischolar_mains innovation in India through the institutionalization of the innovative activity of the informal sector. The specifics of this process can be taken into consideration by countries wishing to unleash the innovative potential of the informal sector.

Keywords

Grassischolar_mains, Incubation, Innovation, Microfinance, System.

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