Srinivas (2017, forthcoming) Evolutionary Demand in Nathan et al. Upgrading and Innovation

Srinivas, S. (forthcoming, 2017) “Evolutionary Demand, Innovation, Development” in D. Nathan, S. Sarkar, and M. Tewari (Eds). Upgrading and Innovation in Global Value Chains in Asia (Cambridge University Press);

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India’s manufacturing and agricultural productivity needs serious attention right now. Yet, remarkably, prominent Lok Sabha (lower house of Parliament) candidates have said precious little about it on their campaign trails.

But health technologies have indeed transformed the industry, allowed several developing countries immense gains in healthcare, and for most industrilizing economies, opportunity for patients and welfre states to buy into wider technology options.

See TCLab-related research on the health industry, where industrial policy plays a critical role in how cheap or expensive healthcare is. Read the award-winning book Market Menagerie by Smita Srinivas.

“Scarcity-induced innovations should not be equated with ‘appropriate technologies’ or products of ‘frugal engineering’, ‘reverse engineering’ or other such frameworks.”

Technological innovations can transform the lives of those who are able to take advantage of them. But many children, particularly in developing countries, remain excluded from their benefits. Reorienting innovation towards inclusion begins with recognizing unconventional pathways to innovation

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Market Menagerie examines technological advance and market regulation in the health industries of nations such as India, Brazil, South Africa, Nigeria, and China. Pharmaceutical and life science industries can reinforce economic development and industry growth, but not necessarily positive health outcomes. Yet well-crafted industrial and health policies can strengthen each other and reconcile economic and social goals.