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Developed by New York Academy of Sciences, The Yaroslavl Roadmap 10-15-20 describes the innovation policies, successes, and challenges of four countries—Israel, Finland, India, and the U.S.—and Taiwan Province, China. Based on analyses of how those regions developed innovation economies, and on a study of the current state of Russia’s economy compared to the priorities of President Medvedev, the report offers 15 specific recommendations. It also highlights 20 pitfalls for Russia to avoid.

The blueprint and learnings could equally be relevant to India. Even though India figures as one of the countries studied here, the gaps are very evident.

To read the full, original article click on this link: Fifteen steps to an Innovation Economy at VentureWoods - India's leading venture capital community

Author: Alok Mittal