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The Special Feature in the present issue of the
WISTA: INNOVATION brings out the salient features
of the S&T Policy 2003, its aims and objectives
and the implementation strategy.
Economists opine that innovation and entrepreneurship
have close relation, as innovation is a specific instrument
of entrepreneurship. Since new ideas, new products,
and new technologies need time to develop and cost money,
enterprising companies devise strategies to capture
ideas, own competency, keep projects afloat and reduce
risks. The "Perspecive" in this issues explains
the innovative factor, lists some 50 continuously inventing
small businesses and organisations, and brings out economics
of innovation.
Other regular features as usual, report on the latest
developments worldwide. Comments and suggestions are
welcome.
Dr
K V Swaminathan
RESEARCH
& ANALYSIS TEAM
Mr S R Adige - Principal Advisor
Mr S B Mathur - Joint Director
Mr B K Wadhawan- Director
Mr S S Kalra- Director
This
publication aims at disseminating information on pertinent
developments in its specific field of coverage. The
information published does not, therefore, imply endorsement
of any product/ process/ producer or technology by WITT. |