I have written about my fascination for “ecosystem view” in an earlier post on “technical leadership ecosystem”. Being an entrepreneur myself and a student of innovation management, my eyes become big when someone presents a dashboard for innovation ecosystem.
Well, one such dashboard is indeed presented in a report titled “NASSCOM-BCG Innovation Report 2007” (see the executive summary PDF at the bottom). The report is focused primarily on IT-ITES industry (no surprise as that is what NASSCOM’s focus area is). It addresses 3 aspects of the innovation agenda: (1) factors that form a powerful imperative for innovation agenda (2) the firm level agenda and approach; and finally (3) recommendations to expand and rev up the innovation ecosystem in
Before we interpret the dashboards, let’s look at what the 5 dimensions stand for. As the picture shows, the 5 dimensions stand for (1) Government (2) Industry bodies (3) Firms (4) Educational and research institutes (5) investors.
Top row shows innovation ecosystem of India, Cuba, Singapore and Israel. The bottom rows shows that of Germany, Eureka, Taiwan and Silicon valley. Among all the exhibits,
Look at the data from
Well, what do I see when I look around? First, I feel that things aren’t that gloomy. I attended 2 barcamps on innovation in the last 4 months (one in Mindtree and the other in Wipro) and each had 100+ participants from at least 2 of the ecosystem elements: Firms and educational institutes. All my company’s financial reports get submitted to Registrar of Companies (ROC) online with digital signature. I book my airline and railway tickets online (indicators that government is not idling). “StartupCity”, a VC summit organized Smart Techie to be held on 24th May in
Did I say we have “arrived”? However, the lead indicators look good at this point.