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Investment in Science, Technology and Innovation (STI) is essential for economic development and social progress. STI serves as a crucial driver of rising prosperity, improved national competitiveness, sustainable and inclusive growth. Since innovation is central to translating scientific knowledge and technological know-how into useful products, services and employment, Governments world over have been fostering closer linkages between universities and industry through government funded University−Industry Partnership programmes. There is an important relationship between economic growth and research & development.
In the recent times, Electronics and Information and Communication Technology (ICT) are at the core of innovation and value creation. Innovation in any field or area is being driven by the use of IT or Electronics in some form or the other today, and this trend is going to continue in future. The Government of Gujarat has recently notified the Policies for Electronics and IT/ITeS Industry to provide much needed impetus to the sector which addresses the needs of an already established organization with product or service line. However, there is a need to support the early stages of innovation to take ideas to fruition
Report an abuse for product Gujarat Startup Policy 2016 – 2021