Here are the product details for "The Black Box: Innovation and Public Policy in India (IIMA Business Series)" by Rakesh Basant:
- ISBN: 9780670090822
- Author: Rakesh Basant
- Genre: Commercial Policy, Public Policy
- Publication: Penguin
- Pages: 224 pages
- Format: Paperback
- Language: English
**Book Description:**
"The Black Box: Innovation and Public Policy in India" by Rakesh Basant addresses the critical question of what policies India should pursue to foster innovation. The book takes a broad perspective, considering all policies that influence technology-related decisions made by firms as part of innovation policy. It systematically analyzes the impact of various policies on innovation, encompassing areas such as industry, trade, research and development (R&D), foreign direct investment, intellectual property rights, start-ups, and higher education.
Rakesh Basant's work brings together both conceptual and empirical literature from diverse intellectual streams to explore the intricate connections between innovation and public policy. Drawing from the fields of economics and management, the book underscores the complexity of policy choices that influence innovation outcomes. It identifies key areas of focus and argues for coherence and consistency across various policy instruments to create an enabling environment for innovation in India.
This book is a valuable resource for policymakers, scholars, and anyone interested in understanding the interplay between public policies and innovation in the context of India. It provides insights into the challenges and opportunities associated with shaping innovation policy and highlights the importance of aligning policy instruments to promote innovation and economic growth.
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