2. COUNTRY EXPENDITURE IN
R & D ( BILLION
US $)
% OF GDP YEAR
United States 405.3 2.7% 2011
China 296.8 1.97% 2012
Japan 160.3 3.67% 2011
Germany 69.5 2.3% 2011
South Korea 55.8 3.74% 2011
France 42.2 1.9% 2011
United Kingdom 38.4 1.7% 2011
India 36.1 0.9% 2011
Canada 24.3 1.8% 2011
Russia 23.8 1.0% 2011
Brazil 19.4 0.9% 2011
Italy 19.0 1.1% 2011
WORLD SCENARIO
3. 1.POOR HIGHER EDUCATION –
BOTH QUALITY AND QUANTITY
WISE
2.THERE IS NO COLLABORATION
BETWEEN THE HIGHER EDUCATION
INSTITUITONS, RESEARCH
INSTITUTION
WHY INDIA IS LAGGING BEHIND OTHER COUNTRIES
4. ONE OF THE MAJOR REASON FOR LAGGING OF
INDIA IN RESEARCH AND DEVELOPMENT IS
LACK OF PRIVATE FIRMS,COMPANIES TO
INVEST SUFFIECIENTLY IN R &D . IN USA
WHICH HAS HIGHEST INVESTMENT IN R & D ,
THE MAJOR PORTION OF INVESTMENT COMES
FROM SIX PROMINENT COMPANIES
5. WHAT INDIA SHOULD DO NOW??
RESOURCE ANALYSIS SHOW
THAT THE MOST CRUCIAL
WEALTH OF ANY COUNTRY IS
HER HUMAN RESOURCE……
THE LAW SHOULD BE
ENFORCED TO ENSURE THAT
COMPANIES WITH A
MINIMUM TURNOVER HAS TO
SPEND A DEFINITE AMOUNT
IN R & D
SINCE INDIA DON’T HAVE
INDIGENOUS TECHNOLOGIES
FOR MANY GOODS AND
SERVICES THEREFORE IT IS
INCUMBENT TO PROMOTE
FOREIGN DIRECT
INVESTMENT (FDI) IN R& D
SECTOR
INDIA CAN POTENTIALLY
TURN INTO AN EXPORTER OF
VARIOUS SERVICES BY
UTILISING FDI
6. SOL LAW the
solution
Make research
labs at different
places .
These will be governed
by a committee
comprising of interested
private companies and
government body
Any project done will be financed by all and then either
purchased by one of them or be auctioned by them to
provide profit to the researcher
