Federal agencies spend billions of dollars each year to develop, acquire, and build major systems, facilities, and equipment, including fighter aircraft, nuclear waste treatment facilities, electronic baggage screening equipment, and telescopes for exploring the universe. Managing these complex acquisitions has been a long-standing challenge for federal agencies.Many of the government’s most costly and complex acquisition …Read More »
India gradually improving its innovation and competitiveness to move closer to other top-ranked innovation economies
NITI Aayog CEO Amitabh Kant launched “India Innovation Index”, the nation’s first online innovation index portal which will rank states based on their innovations. Inaugurating the portal, he said that it will be a “first-of-its-kind online platform” where Global Innovation Index (GII) indicators and India-centric data from various states will …Read More »
Majority of Global indexes show innovation is diffusing all over the world, from Europe and US towards Asia,
South Korea is still the world’s most innovative economy ,South Korea topped the 2017 Bloomberg Innovation Index list for the second year in a row, followed by Sweden, Germany, Switzerland, Finland, Singapore, Japan, Denmark, the United States and Israel. South Korea with a score of 89.00 topped the world in R&D …Read More »
Countries promote military civil integration and investing in “Dual use technologies” to foster Military innovation
Historically and during the cold war military technology programs drove many commercial successes like Nuclear power, GPS, Internet, Computers, Jet Engines, semiconductor and integrated circuits, and these were driven by Department of Defense’s comprehensive and well-resourced investment plans. The internet grew out of a military research project. Global Positioning System …Read More »
Worldwide Race to 4th industrial revolution between Germany, US and Japan with China extending it to aerospace and defence
We stand on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another. In its scale, scope, and complexity, the transformation will be unlike anything humankind has experienced before. We do not yet know just how it will unfold, but …Read More »
Make in India is an initiative launched by the Government of India to encourage multi-national, as well as national companies to manufacture their products in India. It was launched by Prime Minister Narendra Modi on 25 September 2014, aimed at increasing the share of manufacturing sector from little over 16% …Read More »
Indian defence exports will touch $2 billion – six times the current export of defence equipments – by 2019, Defence Minister Manohar Parrikar said at the Defence Research and Development Organization. The value of defence export by DPSUs, OFB and the Private Sector Companies, for the financial year 2015-16 was …Read More »
Make in India is an initiative launched by the Government of India to encourage multi-national, as well as national companies to manufacture their products in India. It was launched by Prime Minister Narendra Modi on 25 September 2014. India emerged, after initiation of the programme in 2015, as the top …Read More »
Indian offset policy still has to overcome challenges to achieve target worth USD15 billion in defence offset work over next decade.
The Indian defense offsets clause is believed to have put off international aerospace and defense majors, leading to a poor response and absence of big names from the Aero India 2017 at Bangalore. Though India is the world’s largest importer of military hardware in the last five years, according to …Read More »
Growing counterfeit and pirated products demand stricter IPR law enforcement, protection of intellectual property is important for promoting innovation and creativity says EU.
In our increasingly knowledge-based economies, the protection of intellectual property is important for promoting innovation and creativity, developing employment, and improving competitiveness, says EU. The European Commission works to harmonise laws relating to industrial property rights in EU countries to avoid barriers to trade and to create efficient EU-wide systems …Read More »