Projects spanning big and small data, from complex approaches for modeling disease diffusion to simple analyses enabled by newly open government data, are now being utilized by international organizations such as the United Nations and numerous countries to improve the lives of citizens in the developing world. These activities can enhance quality of life while also advancing public health, public safety, government services, and agricultural development.
It’s Not Too Late for India’s New Beginning
New Indian Prime Minister Narendra Modi and his BJP party won election in part on campaign pledges to improve the environment for doing business in India, in part by improving India's intellectual property environment. Yet foreign developers of innovative life sciences products continue to face challenges securing intellectual property rights in India, including with regard to compulsory licenses, patent denials, and patent revocations. Meanwhile, India has fallen to 134th in the World Bank's Doing Business Index and to 76th (from 62nd in 2011) in INSEAD's Global Innovation Index. This is a reflection of Indian policies in recent years that have focused more on advantaging domestic producers at the expense of foreign competitors as opposed to boosting the innovation capacity of India’s own entrepreneurs, businesses, and industries. While it's still early in Modi's tenure, and there are some positive signs of prog ress, if India is to become a robust 21st-century economy it must renounce the tried-and-failed innovation mercantilist policies of the past and instead embrace core tenets of free and competitive markets, open and non-discriminatory trade, protections for innovators' intellectual property, and openness to flows of goods, technology, capital, and people.
Modi Should Foster Innovation Climate to Transform India
To address India’s stagnant economic growth and promote a globally competitive environment, new Indian Prime Minister Narendra Modi should reject innovation mercantilist policies and focus on an across-the-board productivity growth strategy based on innovation. This includes overhauling the country's IP laws and embracing opportunities to expand free trade.
An Alternative to Mercantilism: Manufacturing Extension Services in Latin American and Caribbean Countries
A growing number of Latin American nations are turning to "innovation mercantilist" practices to grow their economic sectors, including manufacturing. Yet, an alternative approach, enhancing innovation among manufacturers, particularly small and medium sized enterprises (SMEs), is actually much more effective in spurring sustainable growth. This report benchmarks SME manufacturing extension services in eight Latin American and Caribbean countries and highlights best practices in bolstering manufacturing productivity, innovation, and export potential. The report also provides a comprehensive impact analysis of manufacturing extension services in both developed and developing countries, finding that such programs have achieved significant impacts in bolstering competitiveness.
Thoughts from ITIF Event on Cloud Computing in Developing Economies
A recap of the event with Peter Cowhey and Michael Kleeman of UC San Diego on the impact of cloud computing on developing economies. Peter and Michael recently completed a three country study that examined how cloud computing is changing how businesses and government work in India, Mexico and South Africa. In particular, they noted the important role of cloud computing in creating high value-added commerce, strengthening small and medium enterprises, and promoting job growth in developing economies by leveling the playing field for technology suppliers in the Global South.