The need and centrality of R&D investment in the growth march of a country

Nations grow at differing speeds and varied reasons are assigned as causal factors for the different growth potentials displayed by them; as measured by the Gross Domestic Product (GDP) metric. What drives this growth is a question which has intrigued both theorists and developmental researchers. Can growth solely be determined by capital accumulation or withContinue reading “The need and centrality of R&D investment in the growth march of a country”

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