Developing clean and green technologies to combat climate change. Designing an innovation system to stimulate industry R&D. Implementing Inclusive Innovation initiatives to enhance productivity in agriculture and the informal sector

 India is an open market  economy  and  the  world’s  second  most populous  country.  GDP  increased  by  8.4%  a  year during 2005-10 and  the  country  weathered  the global crisis remarkably. India has a large domestic market  and  a  large  and  young  labour  force.  An emerging  middle  class  ensures  strong  demand  for consumer  goods.  Local  manufacturing  industries(e.g.electronics)  complement  traditional  labour-intensive  industries  (e.g.textiles).  A  pool  of  lowcost,  highly  skilled,  English-speaking  workers  has attracted  massive  inflows  of  FDI.  The  outsourcing of  knowledge-intensive  activities  to  India  has contributed to make the services sector the largest contributor  to  GDP  (55%)  and  the  presence  of...
 


Source : IV.10. SCIENCE AND INNOVATION: INDIA OECD SCIENCE, TECHNOLOGY AND INDUSTRY OUTLOOK 2012 © OECD 2012

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