BENGALURU: The recent policies of the Centre such as Design in India, Create in India and Make in India dominated the first day of the First India Conference on Innovation, Intellectual Property and Competition, hosted by the Indian Institute of Management, Bangalore, on Monday.
Dr Chirantan Chatterjee, Chair of the Conference Organising Committee and faculty member at IIM Bangalore, said, “We live in an ever mutating and transforming world. Economic historians point out that while in the 17th century innovators had their ears cut off instead of winning accolades, today everyone globally is a worshipper of ideas and innovation.”
Kiran Mazumdar-Shaw, Chairman and Managing Director of Biocon Ltd, explained that for any developing country the future belonged to its ability to come up with innovative solutions for old problems. “India has a host of challenges. It needs new ideas, new business models and technologies.”