Assignment No.

02

Name: Muhammad Muneer

CMS NO. 26069

How Pakistan will participate in Technology Innovation:

Technology, together with the IT business, in Pakistan has huge potential for growth. however
growth issues, particularly an absence of funds and encouragement for development, have
deterred start-ups from moving forward with unquiet innovations or technologies. whereas
Pakistan’s technology sector struggles to induce off the bottom, Indian IT exports have reached
quite $100 billion.

However, Pakistan will flip a corner by investment in technical school start-ups and unquiet
technologies, providing facilities like incubators, workplace area, and money leeway. Such
measures couldn't solely promote entrepreneurship and innovation-based essential thinking
however would conjointly clean the Augean stables of poorness and state. Technology is circular
function qua non for the twenty first century and ignoring it might end in unquantifiable lost
economic opportunities

Pakistan features a terribly sturdy youth population and with measures like incubators and
money help the country will produce a roadmap toward innovation-based technologies and
breakthroughs– very similar to the u. s. did at the beginning of twentieth century and Republic
of India did within the early Nineties.

Technological innovation is classified in several ways: product vs method, unquiet vs sustaining.

it's imperative that government ought to alter establishments and firms performing on all sorts of
innovation based mostly technologies and, significantly, the processes concerned.

Another vital step to reinforce innovation would be to own a legal framework to safeguard
belongings (IP) rights. Such framework wouldn't solely punish science rights infringement
(which is presently quite prevailing in company circles of Pakistan) however would conjointly
facilitate in making an environment for innovation.

It is vital for the govt. to grasp the importance of science rights. science protection and therefore
the connected legal framework couldn't solely alter innovation based mostly thinking,
businesses, and merchandise however would conjointly facilitate develop the science business in
Pakistan. IP, within the sort of patents, contributes staggeringly to national and state economies,
except for currently, Pakistan’s science is stuck leap years behind different countries.

The strength of the U.S. science business and related to legal framework show within the
knowledge. in step with the worldwide belongings Center, science intensive industries use fifty
five million Americans and area unit value $5.8 trillion, quite the nominal GDPs of France and
Great Britain. science accounts for seventy two % of all U.S. exports, that amounts to just about
$1.5 trillion. All that's attainable as a result of the U.S. government understands the importance
of mechanisms that alter science rights protection and additional technological innovation.

It is noteworthy that the yank creation father therefore recognized the importance of innovation
that they ensured science protection for authors and inventors even centuries past, ultimately
creating the u. s. the planet leader in innovation and unquiet technologies – a truth borne out by
the overwhelming range of patents, copyrights, and logos filed by the u. s. year when year.

In comparison, it ought to be unsatisfactory for Pakistan’s government to grasp that solely ten %
of the fifty,000 patents registered in Pakistan since 1947 area unit native, whereas the remainder
area unit foreign (filed by people based mostly in different countries).

Beside the u. s., if Pakistan will follow the instance of Israel, the results might all right end up to
be obvious. Israel, dubbed the “Startup Nation,” features a terribly sturdy start-up culture and
extremely sturdy science protection mechanisms. With a population of slightly over eight
million, Israel has Associate in Nursing calculable five,200 startups, nearly tired the high
technical school field. Today, quite 250 international corporations have R&D labs in Israel, with
eighty of them being Fortune five hundred corporations. common fraction area unit yank
technical school giants like Facebook and Apple, however there's Associate in Nursing
increasing presence by Chinese and Korean players like Huawei and Samsung and LG.
Underlying this success, again, is that the government’s understanding and acknowledging the
importance of technology.

It is a pity that Pakistan is hierarchal 131st out of 141 countries within the 2015 International
Innovation Index. The low ranking is proof of the very fact that innovation-oriented policies area
unit missing from thought education and business.

Importantly, Pakistan will learn an excellent deal from the Republic of Indian IT sector and what
India has achieved in last decade around. Indian culture is much additional kind of like
Pakistan’s than Israel or the U.S., but today, Republic of India is among the 5 largest startup
communities within the world, with the amount of startups crossing five,000. It’s no coincidence
that Google and Microsoft’s CEOs area unit Indian-Americans.

It is not shocking that analysis has been the most catalyst for India’s rise. Quality Associate in
Nursingd significant analysis has created an surroundings for innovation, thus, increasing India’s
overall IT exports and promoting startup culture.

Another vital distinction is that the quality of education. India’s technical school education is
predicated on groundbreaking and innovative advances within the software system market
whereas Pakistan continues to be following an equivalent recent twentieth century ways,
particularly at the school level.
Another issue that has stalled innovation in Pakistan is that the lack of investment in human
development. In India, Flipkart is that the most respected startup, with Associate in Nursing
calculable value of over $15 billion. Pakistan doesn't have any startup value that a lot of — or
perhaps coming back shut. The ostensible reason: A imperfect approach and system that doesn't
promote innovation and entrepreneurship. it's of significant importance that the folks of Pakistan
and government should acknowledge that this can be the century of the technical school
entrepreneurs. grasp this concept showing intelligence by finding out others’ successes and
mistakes can solely speed up Pakistan’s evolution.

There is a reason why Pakistan isn't manufacturing merchandise or corporations like Uber,
Dropbox, or perhaps Google. of these corporations were once little start-ups supported the
principle of unquiet innovation. Steve Jobs, founding father of Apple and liable for Apple’s
painting success, once said, “Innovation distinguishes between a frontrunner and a disciple.”
while not government policies to foster Associate in Nursing pioneer surroundings, Pakistani
corporations are going to be stuck within the role of followers.

Technology is that the core growth driver within the twenty first century. The Pakistani
government and policymakers can’t ignore its interaction with entrepreneurship and focus only
on “motorways and metrobuses” — while not the viable use of technology even they can't
survive.

Pakistan’s IT exports stand at $2.2 billion. to extend these exports, Pakistan should take concrete
steps, maybe by finding out the productive models of Republic of India and Israel. investment
additional in analysis and development, making R&D centers for Pakistan’s technical force,
wouldn't simply enhance their technical capabilities however would offer them a lot of required
active expertise and exposure.

Another vital step would be to revamp and reform the tutorial system to a additional fashionable
and analysis based mostly curriculum. this could actually produce Associate in Nursing
surroundings for significant analysis and innovation, therefore impacting exports and even the
business landscape.

It was quite encouraging to examine Google coming back to Pakistan and arrangement university
seminars and talks with young Pakistani university graduates. the govt. ought to pull all
attainable levers to draw in additional technical school corporations into Pakistan, and create
policies and mechanisms that alter technical school giants to line up R&D centers.

The listing might continue. it's time for the govt. and therefore the startups in Pakistan to
maximize to the plate and avail themselves of the large opportunities the technical school world
is giving. the advantages aren't simply increasing exports, however enjoying a constructive role
within the twenty first century technical school economy.