Prez Mukherjee receives Berkeley award says ‘open Innovation’ challenging

President Pranab Mukherjee

New Delhi: “This is a huge responsibility and challenge because we have to achieve this while preserving the environment,” the President said of ‘Open Innovation’. President Mukherjee was receiving the Garwood Award for ‘Outstanding Global Leader in Open Innovation’ from UC Berkeley-Haas School of Business.

India needs to balance its growing energy needs to sustain a growth rate of over 8 percent in the next two decades with the preservation of the environment, President Pranab Mukherjee said here on Thursday.

The nation is home to 17 percent of the world’s population and uses only five percent of the world’s electricity.

Mukherjee also said that open innovation was “most essential” for government entities which are tasked to serve the citizens.

“Innovation is a critical driver of growth and development. Open innovation takes innovation to the next level and creates a new eco-system of access and equal opportunities for all,” the President said.

Mukherjee also thanked Governor Jerry Brown of the US state of California and his senate for acknowledging his efforts in open innovation.

“Open innovation is a way to future as it captures knowledge flow from all sources, both internal and external in an organisation,” the President added.

Recent climate change summit in Paris was a big step for environmental issue where all the nations tried to resolve their differences and vowed to work for preserving the environment. (IANS)