Chinese Vice Premier Zeng Peiyan, in a key address at the 14th World Productivity Congress (WPC) held in Shenyang, capital of northeast China's Liaoning Province, emphasized the role of technology and innovation in China towards developing productivity and realizing sustainable development.
Selected references:
Leading eBook on Creativity and Innovation in Business
Creativity and Innovation Best Practices
Creativity and Innovation Case Studies
The Innovation Index
Top 50 innovative companies in the world
Zeng proposed that in order to "realize sustainable development, China should institute an advanced system of productivity which considers new technology industries as the pioneers, basic and manufacturing industries as supporting players, all of which will help the service sector develop to its fullest". Zeng even called for implementing the strategy of reinvigorating the country through science, education and trained personnel and building a system of innovation. Zeng proclaimed that such innovative systems will "ensure scientific development which help transform the mode of economic growth to achieve harmonious and sustainable development." Zeng also wants to reduce pollution and energy consumption so as to create a safer and cleaner environment for productivity to thrive.
The China drive towards innovation and productivity is consistent with Friedman's assessment in "The World is Flat."
In a separate news story, The Confederation of Indian Industry (CII) is planning to create a National Innovation Grid in India. CII in a partnership with Centre for Entrepreneurial Learning (CFEL) of Cambridge University is proposing to set up a virtual network of information to drive innovation in Indian Small and Medium Enterprises (SMEs). The National Innovation Grid would act as a facilitator and driver for SMEs who can leverage the knowledge gained from CFEL and infrastructure capital from CII to create innovative new businesses. This has the potential to accelerate growth in the Indian SMEs.
"CII`s alliance with East of England International, a hi-tech cluster with Cambridge is focused at developing a model for linking small entrepreneurs and individual innovators with linking academia, research and development institutions, businesses as well as the government to facilitate innovation in the SME sector in India", CII President R Seshasayee said.
CII also launched a new program: "Towards 100 Indian `Billion $' MNCs" in partnership with Infosys. The program has a lofty goal of helping 100 new Indian Multi-National Companies achieve One Billion Dollars in revenue within the next ten years through an "ecosystem" of partners.
Bottomline
China and India are driving Innovation to develop productivity, create sustainable development, and achieve new business growth. Both countries are realizing the strategic importance of Innovation as they seek to create new economic growth in the future. New technology industries, SMEs and even Billion Dollar MNCs are on the horizon.
Selected references:
Leading eBook on Creativity and Innovation in Business
Creativity and Innovation Best Practices
Creativity and Innovation Case Studies
The Innovation Index
Top 50 innovative companies in the world
References:
Xinhua online
Zee News
Hindu
No comments:
Post a Comment