Fostering Inclusive Innovation at IIT-J

•  Inclusive Innovation •  Context •  Examples •  Idea in brief •  IIT-J as Change Masters

Lecture  at  IIT-­‐Rajasthan    on  5th  December  2013   1  

Mahendra  Bapna  Harvard  Advanced  Leadership  Fellow  2012  

Former  CEO  Two  Tata  Enterprises,  Tata  Motors  subsidiary  companies-­‐HV  Axles  

and  HV  Transmissions  Currently  EducaLon  Consultant  

mlbapna@gmail.com  +91  9799776555  

INCLUSIVE INNOVATION

•  Frugal innovation •  reverse innovation, •  Gandhian Innovaion •  More for Less for More people (MLM) “Inclusive innovation is any innovation that leads to affordable access of quality goods and services creating livelihood opportunities for the excluded population primarily at the base of pyramid and on a sustainable basis with a significant outreach”.

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Inclusive Innovation is achieved through

•  Technological Innovation •  Business Process Innovation •  Work Flow Innovation •  Delivery System Innovation •  Research Process Innovation •  Organizational Innovation •  Grassroots Innovation •  Policy Innovation

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Inclusive Innovation

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CONTEXT: GLOBAL COMPETITIVENESS AND GDP

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ü Rankings on the ease of doing business 132/183 ü Rankings on Starting a new business rank 166/183 ü Global Competitiveness Index 2011-2012 ranking 56/142

ü India’s population is 1.2 Billion ü GDP is $ 1.8 Trillion ü GDP per capita is $1400 ü GDP per capita (PPP Adjusted) is $3800 ü 400 Million people live below $2 a day

Who are these Poor people? & Why are they poor?

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400  million  people  live  below  $  2  a  day.    Who  are  these  people?  They  are  farmers  and  factory  workers,  drivers,  construcLon  labor,  domesLcs.  They  typically  pay  for  criLcal  goods  and  services  like  water,  like  healthcare,  like  housing,  and  they  pay  30  to  40  Lmes  what  their  middleclass  counterparts  pay.  They  are  always  under  debts.  Of  that  240  million  are  farmers  only.  Over  2000  farmers  commit  suicide  each  year.    

Correlation between Innovation and GDP growth

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CORRELATION BETWEEN POVERTY VS GROWTH

HELP CHANGE THE RULES THAT CREATE INEQUALITY AND POVERTY

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The  richest  300  people  on  earth  have  as  much  wealth  as  the  poorest  3  billion.  This  is  no  accident;  those  in  power  write  the  rules.  Together,  we  have  the  power  to  change  those  rules.  

How  the  world’s    $223  Trillion  is  distributed.  A  vast  majority  have  pracLcally  nothing.  Nothing  to  educate  their  children.  Nothing  to  pay  for  basic  medicines.  But,  the  1%  rich  people  have  more  then  43%  of  the  world’s  wealth  

CORRELATION BETWEEN HEALTH & LIFE EXPECTANCY VS GROWTH

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InnovaLon  and  patent  landscape  

Critical thinking-US incubation programs assisted more than 30,000 companies last year that provided employment for more than 100,000 workers and generated annual revenues of $17 billion

•  Global Social Entrepreneurship Competition (GSEC) at the University of Washington’s Foster School of Business

•  Critical analytical thinking at Rotman

•  Center for Social Entrepreneurship at Stanford

•  Design Works at Stanford •  i.Lab at Harvard •  Design Thinking at Harvard •  IDEO –Tim Brown •  Acumen-Jacqueline •  Media lab at MIT

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Disruptive Innovation and Economic Potential

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Income  Inequality  1000  :  1  ?  

Access  Equality  1:1!  

•  450    New  born  Babies  die  every  hour    •  Incubators    cost  US  $  25000/-­‐  •  Our  Villages  have  no  electri  city  •  Embrace  innovated    low  cost  soluLon  

for  the  developing  world  

Business Process Innovation not at$ 2000,but @20

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Open Heart Surgery Not $4500, but @ $1400

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Nairobi   Hyderabad  

Netra  is  a  $2  clip-­‐on  eyepiece  that  goes  on  top  of  a  cell  phone  

Interac(on  with  Kanpura  Panchayat  through  Broadband  

Indian  Psoriasis  Breakthrough  $  20.000  to  $  100  !  

Before  Treatment   Afer    Treatment  

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Innovation –Incubation Process

1. Inspiration 2. Passion 3. Compassion 4. Workshops 5. Projects 6. Field Immersion 7. Idea incubation 8. Scale to Impact

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29  Efficient  

Half  

High  

One

 Hun

dred

th  

Med

ium  

A  tenth  

RelaLve  Decrease  in  Cost  of  the  innovaLon  process  DramaLcally  reduced  

Low  

Low  

RelaLve  De

crease  in  Cost  o

f  the

 Produ

ct  

Ugly Truth of Inequality-Challenge of the Day

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Thank  you