Need for
Innovation in
Technology-Based Entrepreneurship
Mansukh
bhai who was once a potter, unable to meet the financial needs of his
family. He now employs more than 50 women from his village in Gujarat to
manufacture and sell his innovation Mitti Cool. Similar is the story of
a rickshaw puller Dharambir Kamboj, who returned to his village after
meeting with an accident. He started organic farming of Aloe vera,
Stilia and other medicinal plants. Finding no technique for processing
his yields into useful products for higher value in the market,
Dharambir built a cost-effective multipurpose food processing machine.
Today, he supports more than 300 farmers to earn higher returns for
their yields.
According to National Innovation Foundation,
more than 3,00,000 grassroot innovators across India have been
identified. Only a few of them are able to take their intervention at
scale as technological entrepreneurship is rarely a solo endeavour. It
requires strategic management of technology and services, nurturing of
business & market and new financing ventures.
Rapid globalisation and digitisation has
created new markets for Indian technologies. However, they remain beyond
the reach of grassroots innovators who are often less familiar with the
knowledge of digital marketing and lack resources to extend services to
new markets. Moreover, level of digital literacy is also low amongst
grassroots innovators that limits growth of their innovations. Today as
we walk into post COVID stage, changes in supply chain scenario and
focus towards resilient economies is creating a “new normal”, an
ecosystem that inclines more towards digitisation. There is an eminent
need for a mechanism in the form of support to grassroots innovators
that can enable them to adapt to this dynamic frame and become more
connected and digitally sound in the process.
A network-based platform is envisioned
having the potential to take innovations at scale across the country and
beyond. This platform will support the grassroot innovators to build
upon existing tools to facilitate linkage to credits and market,
impactful packaging of innovation to serve demands of a larger audience
and have the necessary backing in terms of knowledge and advisory to
overcome challenges of adoption at scale. Connecting different actors of
an enterprise ecosystem from public to private institutions and
aggregators can unlock drivers that inhibit growth of innovations.
Technology that is designed with a human centric approach can build a
win-win situation not only for the grassroot innovators but also for the
entire ecosystem by creating more local jobs for all. This shift is
likely to bring a transformative impact in rural as well as urban
centres in the days to come. ■
Mayank Nautiyal
mnautiyal@devalt.org
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