It's
poetic justice of sorts that business today, a magazine that believes
in the power of ideas, is the first publication to recognise a truth
that stares us all in the face: That India is a nation of ideas
and an ideas-superpower in the making. Chances are, this won't be
the last you hear on this topic.
The idea for this issue came from several sources
and in several forms: a government-owned laboratory filing the most
patents in the country; the chief of another government-owned laboratory
defecting to the private sector; a resurgence in venture capital
activity in the country, this time focused around the creation of
IP (Intellectual Property); a continuation of the trend of multinationals
putting down research laboratories and development centres in India;
and a significant growth in patent-filing activity by Indian companies.
Like all good ideas it grew and grew till it acquired a life of
its own.
Early on in the making of this, BT's Twelfth
Anniversary Issue, it became evident that this wasn't just about
multinationals setting research-shop in India.
That's a trend that began almost two decades
ago and although it has gathered momentum in the recent years, it
isn't a new phenomenon. Nor is it all there is to India being an
ideas superpower. The currency of any ideas revolution is ip, more
significantly, patents. If our hypothesis on India becoming an ideas-superpower
was right, the reasoning within the magazine went, then it would
show in the number of patents being filed from India.
Sure enough, in 2003, some 1,700 patents filed
at the US Patent and Trademark Office were assigned to Indian companies
or inventors (the number was 1,200 in 2002). These numbers were
some of the significant ones that emerged from a first of its kind
survey of patent filing activity in India, comducted for Business
Today by our research partner Evalueserve, an IP research firm.
It also became evident, early on, that not
all the Big Ideas evolving had to do with technology. That explains
the sheer diversity of the ideators profiled in this issue: from
ITC's Yogi Deveshwar and S. Sivakumar, the men behind the e-choupal
idea that could revolutionise distribution to Ramesh Ramanathan,
a former Citibanker who is rewriting the definition of participative
democracy in Bangalore to Udaia Kumar, a do-gooder who runs India's
largest micro-credit organisation to Dr Venkatswamy, who has shown
that profitable and charitable healthcare can co-exist.
One common thread runs through the 11 profiles
in this magazine: each of these individuals has a Big Idea, and
this could change the world.
Interspersed with the profiles-they are undoubtedly
the piece de resistance of this issue-are columns on the same theme
by such worthies as Council of Scientific and Industrial Research
head R.A. Mashelkar, Andhra Pradesh Chief Minister Chandrababu Naidu,
ICICI Bank Chairman N. Vaghul, Reliance Industries Chairman Mukesh
Ambani, and management guru C.K. Prahalad and features authored
by our own writers on some of the idea-revolutions happening around
us. Happy Reading.
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