Innovation Day is commemorated on February 16 to recognise the role that new knowledge plays in making a country more advanced and powerful. This day is a great way to not only make the existing crop of scientists feel valued and appreciated, but it also inspires young people to pursue a career in technology and innovation. This special day celebrates the achievements of the scientific community and opens the doors to new technologies, inventions, and careers for the younger generation.
Innovation Day also motivates young children to be experimental and inventive in their fields of interest. The term ‘innovation’ started to gain popularity in the 19th century. It was in the same period when the Industrial Revolution for economic growth and development started in Great Britain. During this era, the main focus of inventors was on technical innovations.
Moreover, the rise of consumerism culture that began in the 1700s and spread in various parts of the world in the 1920s also encouraged different business organizations to come up with innovative goods and services. Labs for research and experimentation were also established in the U.S. and European countries that were funded by granting agencies and governments.
On Innovation Day, aspiring innovators, businesses, and scientists come together on a single platform to develop sustainable products and services for future generations.