This chapter explores the correlation between innovation and GDP per capita, using a report from Nithi Ayog that emphasizes the role of R&D. It analyzes India's per capita GDP compared to China's and proposes solutions to boost innovation, including incentivizing research and strengthening intellectual property rights.
In today’s episode for 19th December 2023, we explain how Research & Development (R&D) spending could affect economic outcomes.
Talk to Ditto - https://bit.ly/45uvyDL