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State of Innovation in BRICS Nations

Presentation made at the BRICS Alliance Business Forum on 23 May 2018 at New Delhi. It covers the various macroeconomic, cultural and organizational parameters of India vis a vis other BRICS nations, and suggests the roles of the state, businesses, and startups.

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State of Innovation in BRICS Nations

  1. 1. State of Innovation in BRICS: The way forward Dr. Pavan Soni Innovation Evangelist and Founder Inflexion Point Consulting Innovation.evangelist@gmail.com www.InflexionPoint.net
  2. 2. India: Marco- economic indicators
  3. 3. Innovation Ranking- 2017 www.PavanSoni.com 3
  4. 4. Metrics for quality of innovation: Top 10 high- and top 10 middle-income economies
  5. 5. International IP Index 2018: India fairs worst in BRICS countries !
  6. 6. India’s competitive advantage: Ecosystems and GCC www.PavanSoni.com 6
  7. 7. Global Startup Ecosystem 2017 www.PavanSoni.com 7
  8. 8. Top 10 global startup hubs www.PavanSoni.com 8 London Overall, some 7.2 billion pounds ($8.8 billion) was invested in high- growth U.K. startups in 2016. Paris Berlin Los Angeles Boston Singapore Bangalore 4,900 active startups, with nearly $2.3 billion in investments Stockholm more billion-dollar companies per capita than any other city in the world Moscow Tel Avev Source: inc.com
  9. 9. Nearing the heart of startup revolution www.PavanSoni.com 9 Source: https://startupgenome.com
  10. 10. How culture shapes innovation 10 www.PavanSoni.comSource: Hofstede More poised to Process and Business Model Innovations, than Product/ Technology innovations
  11. 11. The traits that seem to matter www.PavanSoni.com 11
  12. 12. Comparing the nations 12 Source: Hofstede www.PavanSoni.com
  13. 13. Three levels of frugal innovation Tata Nano Godrej’s ChotuKool GE’s ECG Machine Frugal Product Innovations by organizations Frugal Process and Business Models by organizations Frugal Mindset and Improvisation at the grassroots level Mitticool Paddle powered cycle Espresso maker
  14. 14. The dual Indian Innovation Model Enterprise • Process engineering • New business models • Frugal innovations • Acquisition • Operational efficiencies Startups • Technology intensive • Usability • Heavy funding • Niche saturation • Scale economies www.PavanSoni.com 14
  15. 15. State- Firm- Startups The State Firm Startups  Ecosystem  Intellectual Property  Bankruptcy laws  Fundamental Research  Commercialisation  Scale  Funding  Complexity  Ideation  Employment

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  • tengoal

    May. 24, 2018

Presentation made at the BRICS Alliance Business Forum on 23 May 2018 at New Delhi. It covers the various macroeconomic, cultural and organizational parameters of India vis a vis other BRICS nations, and suggests the roles of the state, businesses, and startups.

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