It has long been recognised that the rate of technical change and of economic growth depended more on efficient diffusion than on being first in the world with radical innovations and as much on social innovations as on technical innovations. While the issues relating to innovation and development have emerged as an attractive subject of discussion, the discourse often has been confined to technological innovations in the industrial sector involving both product and process. Much insight from this discourse notwithstanding, addressing development in the south calls for understanding the dynamics of innovation in sectors other than industrial sector, especially the informal sector that in some countries employs more than 90 per cent of the workforce. Also, there is the need to go beyond the narrow confines of S&T based innovations to those encompassing institutional, organisational and other innovations that are shown to have equally profound influence on development process in the South. These innovations also involve harnessing of knowledge that involves different actors and networks, interactive learning, interdependence and nonlinearity in an evolutionary manner. Here there is great potential in linking Amartya Sen's analysis of individual 'capabilities' to the analysis of innovation and development. The most important of all capabilities is the capability to learn which is fundamental for all the other capabilities and it is the one that will shape the dynamics of welfare. To put it crudely economic development is about enhancing capability and opportunity to learn at all levels. Thus viewed an understanding of the co evolution of the multidimensional process of innovation and development, the underlying process at work and their interrelationships are important inputs for development oriented policy making. But these issues are yet to receive the attention of scholars that it deserves.

In this context, the interdisciplinary journal Innovation and Development, by adopting a broader approach to innovation, a socially embedded and evolutionary process, that includes technological, institutional, organisational and others, in all sectors of the economy and sections of society, aims to provide a forum for discussion of various issues pertaining to innovation, development and their interaction, both in developed and developing world, for achieving sustainable and inclusive growth.

The editors of Innovation and Development welcome articles from authors focusing on the evolutionary and institutional structure of innovation and development. Such a focus would cut across the disciplines of Economics, Sociology, Political Science, Science and Technology policy, Geography and Development Practice.

In addition to scholarly articles, the journal has the following sections:

• Dissertation abstracts: This section will present a brief abstract (200 words) of the PhD theses submitted by the scholars in the broad area of concern for the Journal. 
• Innovative experiments: The objective of this section is to highlight briefly (200 words) innovative experiments with proven development impact with a view to induce academia to undertake systematic inquiries. 
• Web resources for research: This section highlights innovative ways of using internet or information on new database or new software or any other web based resources useful for social science research (400 words).
  
• Commentary: This section will promote discussion on any issues published in the journal. In addition there will be a section introducing new books in the areas on relevance for the journal.

Peer Review
All submissions published in this journal undergo a double blind peer refereeing process.