Lecture 17 : Systemic Approach to Biomed Innovations by Prof. B. Ravi Part 1
NPTEL IIT Bombay
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Lecture 17 outlines a systemic approach to biomedical innovation in India, explaining the urgent healthcare need, the challenges of translating ideas into market-ready devices, and how structured multi-stakeholder platforms like BETIC enable affordable, indigenous medical product commercialization despite high early failure rates.
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The truth is, creating that idea is very easy. You and I could sit here for the next half hour and come up with thirty ideas like that. However, taking those ideas to commercialization is actually very hard.
—NPTEL IIT Bombay
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