Will COVID-19 Change the Landscape of Financing Innovation in India?

Ketan Reddy*, Subash Sasidharan

*Corresponding author for this work

Research output: Contribution to journalComment/debatepeer-review

2 Citations (Scopus)

Abstract

The COVID-19 pandemic may affect the financing opportunities for innovation. The revenue loss induced by the pandemic is likely to divert the existing resources in aiding firm survival and economic recovery, with financing innovation taking the back seat. Highlighting the current state of innovation in the country, the rise of the country in its innovation ranking and its existing sources of funding is brought to the forefront. Various avenues presently exist for this purpose and more outlets could be explored to boost the funds for innovative efforts. Experience and policies of other emerging economies can help devise suitable measures that could further enhance India’s trajectory up the innovation ranking.
Original languageEnglish
Pages (from-to)22-24
JournalEconomic and Political Weekly
Publication statusPublished - 28 Nov 2020

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