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Presenter Name
Promoting Research
and Innovation
By PresenterMed
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
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
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
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
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

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SOL

  • 1. Presenter Name Promoting Research and Innovation By PresenterMed
  • 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