There are many countries which have realised the need for frugal, extremely affordable and inclusive sustainable grassroots innovations. However, many policy instruments are still not in vogue enough globally. For instance, transition from micro-finance to micro venture finance to trigger social businesses has not taken place at large enough scale. Likewise, the concept of technology commons has not been explored to encourage people t0 people copying and adaptation of innovations but availability to Industry only through licensing and benefit sharing arrangement.
