Innovation is becoming increasingly open and multidirectional, with developing countries’ cities and regions quickly imposing themselves as global innovation hotspots. Networks that are created by ground-level innovators themselves have become central to innovation. The global economic crisis will affect both the UK and Indian innovation systems.
Mutual trust is increasingly important in the successful development of partnerships in the uncertain environment created by the economic crisis. And the UK and India have let misperceptions of each other take ground, and these are likely to create additional obstacles to collaboration in these difficult times.
If India and the UK are to successfully exploit the opportunities for innovation partnerships, policymakers in both countries should actively help to establish the conditions conducive to cross-border collaborations.
This means that the UK will need a clear and targeted international innovation strategy that will offer India the guarantee that it is committing resources over the long term.
Published
February 2009
Author
Brune Poirson, NESTA
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