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National Innovation system of India in a Comparative Perspective India versus Chna, Germany, Korea and Brazil

By: Contributor(s): Material type: TextTextPublication details: Economic and Political Weekly; 2024Description: 72-79ISSN:
  • 00129976
Subject(s): Online resources: Summary: This study analyses India’s national innovation system from a comparative perspective. India serves as the low-cost research and development centre for foreign multinational companies. Although it is definitely better than being a low-cost production site for foreign MNCs as the case of typical developing countries, this mode alone would be insufficient to move India to a high-income stage. One way to enhance local creation and ownership of innovation is the generation of more world-class big businesses, besides generating a good mass of startups or unicorns. 
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Article Index Article Index Dr VKRV Rao Library Vol. 59, No. 34 Not for loan AI527

This study analyses India’s national innovation system from a comparative perspective. India serves as the low-cost research and development centre for foreign multinational companies. Although it is definitely better than being a low-cost production site for foreign MNCs as the case of typical developing countries, this mode alone would be insufficient to move India to a high-income stage. One way to enhance local creation and ownership of innovation is the generation of more world-class big businesses, besides generating a good mass of startups or unicorns. 

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