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India can do a Silicon Valley in 5 years, innovation ecosystem needs a boost: World Bank

“In Developing Countries, the concept of national Innovation system must be expanded”, said the World Bank Chief Economist for Equitable Growth, Finance and Institutions, William F. Maloney at the launch of the new report in New Delhi. Read report: http://wrld.bg/HhIe30jhSCn

India can do a Silicon Valley in 5 years, innovation ecosystem needs a boost: World Bank

Innovation cannot be supply driven, there must be demand from firms that have the capabilities to innovative, the World Bank said.