Entrepreneurship versus innovation

In a recent article at Forbes, they discuss the current innovation gap India is facing. The citizens are more likely to look towards government jobs, and not encouraged to incubate their ideas and start businesses. However, over the past few years, this has been changing. Interest in entrepreneurship has been on the rise, but innovation is still lacking. For more of Sramana Mitra's views on innovation in India, read the article here.

What do you think? Could India benefit from taking a bigger interest in the innovation process?