Confederation of Indian Industry (CII) announced its 13th India Innovation
Summit with the theme,"The New Wealth of Nations -Innovation &
Intellectual capital" on 13th & 14th July,2017 in Bengaluru.In the current
times geopolitical rebalancing,innovation led business became the prime driver
of differentiation between the developed & developing nations.The asset driven
& regulation based industries of the past era are giving into the innovation centric
& open market,digital businesses.
Addressing the media,Mr.Kris Gopalakrishnan,Chairman,India Innovation Summit
said," in the new world order,innovation shall be the most important factor
defining the growth of development.India,as a society should embrace the change
that innovation,across all the spheres brings in.It's time we relooked at the conventional
definition of wealth. Innovation &intellectual property,he firmly believes,shall
be the new wealth of the nations".