Catalytic Innovation

Catalytic innovation is an innovation for social change. It challenge organizations by offering

simpler, good-enough solutions aimed at un-served groups. Catalytic innovation shares the same
traits as disruptive innovative but focuses more on social change.

Eg. Aravind Eye Care Hospital It is also in institute for research that contributes to the
development of eye care and train health-related and managerial personnel in the development
and implementation of efficient and sustainable eye care programs.

Hence, the catalytic innovation is the need of the hours in the emerging economies where
majority of the population can afford the innovation and make their life simple better. Catalytic
innovation can be easily accessible by the poor of the country so that they are not left out in the
growing changes in the economy. The government need to reach and harness the human and
financial capital necessary to spur innovation that will bring about a social change where the
marginalized and downtrodden too become utilizers of innovation. The government should focus
on inclusive development and uplift the downtrodden of the society thought innovation.
Catalytic innovation is way in which the government can bring about a change in the lives of the
people.