Introduction: China and India as contrast pair in innovation and IP

The goal of innovation is to create value through the implementation of viable commercial solutions to customer needs and business challenges, problems and opportunities that are open to exploitation. The innovation landscape of a nation is shaped by a variety of factors, such as its economic climat...

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Main Authors: RACHERLA, Uday S., HUANG, Kenneth Guang-Lih, LIU, Kung-chung
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2016
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Online Access:https://ink.library.smu.edu.sg/sol_research/3132
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Institution: Singapore Management University
Language: English
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Summary:The goal of innovation is to create value through the implementation of viable commercial solutions to customer needs and business challenges, problems and opportunities that are open to exploitation. The innovation landscape of a nation is shaped by a variety of factors, such as its economic climate, government’s vision, policies and commitment to growth and development, investment environment, academia that advances the frontiers of new knowledge and helps to build an innovative workforce, industry committed to innovation to improve the quality of life for everyone, intellectual property rights (IPR) laws and enforcement mechanisms, competition among industries for growth, academia-industry partnership, government-industry-academia policy alliance, climate for entrepreneurial startups, and trading conditions, to mention a few.