The draft Science, Technology and Innovation Policy (STIP) 2020 has recommended that companies should be encouraged to channel their Corporate Social Responsibility (CSR) funds towards R&D activities, thus broadening the avenue for private financing of innovation. The recommendation also appears to have been made with the aim to encourage the contribution and collaboration of private […]
R&D Spending
High-technology exports and Innovation in India
India’s share of high technology exports in its total manufactured exports have continued to remain low. Within the select economies mentioned in the table below, other Asian economies like China and South Korea have the highest share of high technology exports in their manufactured exports. Export orientation can play an important role in the growth […]