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Wednesday, September 08, 2004
Innovation More Important Than Capital
Emerging technological advancement should be complimented by proper innovation to reap benefits, stated Minister of state (independent charge) of the Department of Science and Technology, Kapil Sibal. He was speaking at the Emerging Technology 2004 event organized by CII.

"Broadly, there are three kinds of technologies that are going to emerge in future -Nanotechnology, Biotechnology and Geo technology. Innovation is the need of the hour and it would go hand in hand with cutting edge technologies. Capital investment no longer generates exponential growth and what is relevant is innovation. The task at hand is how fast can innovators change the way people think," he added.

From: CIOL.com

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