 |
| Prof. Anil K Gupta |
The executive vice chair of National Innovation Foundation, Dr. Anil Kumar Gupta initiated the talk with the discussion on Golden Triangle of Rewarding Creativity, i.e., link innovation, investment and enterprise around the globe. Using the transaction costs framework, the founder of Honey Bee Network, explained two kinds of costs, ex-ante and ex-post. The ex-ante transaction costs include the cost of searching information, finding suppliers, negotiating a contract and drawing up contract. The ex-post transaction costs include monitoring and enforcement, in other words, compliance of the contract, side payments, costs of conflict resolution and if it does not work out, the cost of redrawing the contract. In the context of inclusive innovation model, there is need to reduce these costs.
He explained the need of negotiation between the execution and imagination for a successful enterprise and added that being a good innovator does not imply being a successful entrepreneur. He called for the hunger of ideas to march into a future with high standards of innovation.
He quoted: “There is no Patna standard of innovation, there does not exist any India standard of innovation but there is only a Global standard of innovation.” to express the importance of innovation of each kind.
Praising the ability of economically disadvantaged people to trigger frugal, creative and recombinable innovations that can stimulate creation of new pedagogies, products, and processes, by giving out the examples of such innovations from Bihar itself, he lashed out on the way these kind of grass-root innovations remain unnoticed and ultimately gets forgotten after making some appearances either in local newspapers or regional channels.
He further added that the time has come to go beyond the boundaries of the conventional organisations, disciplines, sectors and pedagogies. The Padma Shri awardee cited the need to look for platforms that link creative but economically disadvantaged people to learn from sustainable solutions developed at grassroots globally.
He urged the students to search for innovations, spread them, sense the unmet demands of the society and celebrate the unnoticed innovations. Highlighting the importance of dematerialization and higher component of knowledge, he asked the students to initiate and help in developing an open source lesson for the children in Indian languages to create a better India.
Article by: Ayush Kumar, IIT Patna
Source : Talk by Dr. Anil Kumar Gupta, IIT Patna
Image courtesy: Google Images
0 comments:
Post a Comment