Page 272 - Low Carbon Development in China and India
P. 272
increasing fragmentation in the production process and increasing 3.1
diversity of business models, involving a multitude of players who
are distributed worldwide. Differences between the developed and
emerging world markets are leading to reinvention of products
and reduction of costs and have fostered innovation in distribution,
commercialization, and marketing chains in countries like India and
China. Both India and China are making efforts to set foot on a trajectory
of low carbon development with varying degrees of success. Although
technology development and diffusion would assume different routes,
the emerging experience of the national efforts of China, in the overall
process of low carbon technology innovation and diffusion, might be
extended to India and vice versa.
Innovation also benefits from the development of a sound policy
and regulatory environment that contributes to incentives as well as
protection of intellectual property. In this regard, transition to a low
carbon pathway could be accelerated by incentives through a national
directive for R&D in low carbon development, setting up of low
carbon technology incubation centres with strong industry–academia–
government linkages, facilitation of technology transfer through
existing and new technology transfer offices (TTOs), a focus on low
carbon innovations in the informal sector, among others. India can also
learn from the innovations taking place in China such as the standards
system and also the science and technology framework in China which
is playing a major role in promoting R&D in low carbon development.
A wide range of low carbon technologies need to be developed
and deployed across various sectors as indicated in the study.
For this, R&D and deployment efforts in both the public and the private
sectors, combined with targeted policies, need to be encouraged. The
following measures could be considered and adopted for promoting
and strengthening innovation for low carbon development:
• A clear vision and prioritization for R&D for development of low
carbon technology needs to be determined through structured
analysis. This could be facilitated by using the tools of technology
foresight, technology road-mapping, technology assessment,
and evaluation
• Allocation of appropriate level of funding by the government after
finalization of priorities and strategies
• Identification of the weaker links and constraints in the innovation
chain of a particular low carbon technology and taking a holistic
approach to address those challenges
• Measures supporting R&D in micro, small and medium enterprises
Chapter 1 Low Carbon Technology and Innovation Policy 237
diversity of business models, involving a multitude of players who
are distributed worldwide. Differences between the developed and
emerging world markets are leading to reinvention of products
and reduction of costs and have fostered innovation in distribution,
commercialization, and marketing chains in countries like India and
China. Both India and China are making efforts to set foot on a trajectory
of low carbon development with varying degrees of success. Although
technology development and diffusion would assume different routes,
the emerging experience of the national efforts of China, in the overall
process of low carbon technology innovation and diffusion, might be
extended to India and vice versa.
Innovation also benefits from the development of a sound policy
and regulatory environment that contributes to incentives as well as
protection of intellectual property. In this regard, transition to a low
carbon pathway could be accelerated by incentives through a national
directive for R&D in low carbon development, setting up of low
carbon technology incubation centres with strong industry–academia–
government linkages, facilitation of technology transfer through
existing and new technology transfer offices (TTOs), a focus on low
carbon innovations in the informal sector, among others. India can also
learn from the innovations taking place in China such as the standards
system and also the science and technology framework in China which
is playing a major role in promoting R&D in low carbon development.
A wide range of low carbon technologies need to be developed
and deployed across various sectors as indicated in the study.
For this, R&D and deployment efforts in both the public and the private
sectors, combined with targeted policies, need to be encouraged. The
following measures could be considered and adopted for promoting
and strengthening innovation for low carbon development:
• A clear vision and prioritization for R&D for development of low
carbon technology needs to be determined through structured
analysis. This could be facilitated by using the tools of technology
foresight, technology road-mapping, technology assessment,
and evaluation
• Allocation of appropriate level of funding by the government after
finalization of priorities and strategies
• Identification of the weaker links and constraints in the innovation
chain of a particular low carbon technology and taking a holistic
approach to address those challenges
• Measures supporting R&D in micro, small and medium enterprises
Chapter 1 Low Carbon Technology and Innovation Policy 237
