This document discusses research and development (R&D) expenditures and activities around the world. It notes that the United States spends the most on R&D, followed by China, Japan, Germany, and South Korea. R&D is important for developing new products, gaining intellectual property, and remaining competitive. The document also provides suggestions for how India can improve its R&D efforts, such as by establishing more school and university research departments, focusing funding on key issues, and improving international collaboration.