R&D ecosystem of OECD countries: Lessons for the Indian economy 

The two world wars, the cold war which followed and the side of the iron curtain the participating countries fell, have largely defined the two major R&D ecosystems observable today. The western block with its free market economic model was able to seamlessly pass the baton to the private sector and what followed was a thriving ecosystem dominated by the private firms. The countries on the eastern side of the curtain witnessed a government run and dominated R&D investment regime with the .. 

Read more at:
https://economictimes.indiatimes.com/news/economy/policy/rd-ecosystem-of-oecd-countries-what-can-we-learn/articleshow/87296176.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst