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Innovation is important in fostering productivity, leading to economic growth and prosperity (Inekwe, 2015B; Ivus et al., 2021; Mani, 2021; and Nath et al., 2021). There is a clear difference between innovation and invention (Schumpeter, 1934). There are several reasons and factors that ensure the transition from invention to innovation.

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Innovation Status in India

  • 章节

  • 发表日期：

    2026年

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  • Neha Jaiswal,
  • Indranath Gupta

摘要

Innovation is important in fostering productivity, leading to economic growth and prosperity (Inekwe, 2015B; Ivus et al., 2021; Mani, 2021; and Nath et al., 2021). There is a clear difference between innovation and invention (Schumpeter, 1934). There are several reasons and factors that ensure the transition from invention to innovation.