Question

Do You agree with this view that India's potential in R&D lies its ability to scale up R&D expenditure

Answer 1

yes i agree this view

Answer 2

It is true that India's potential in R&D lies its ability to scale up R&D expenditure

Explanation:

• Over the years the the R&D sector has contributed greatly in the economic growth of the country. There have been a number of educational institutes and R&D laboratories that have been opened and the gross expenditure on R&D in India has increased in the recent years and it is dominated by public investment.
• There have been a number of initiatives been taken up by the government for increasing the involvement of entrepreneurs and researchers and in fostering scientific innovations.
• Many multinational corporations are setting up their R&D centres in India to establish their presence within the country and it would encourage R&D and contribute towards a more positive ecosystem

To know more about multinational corporations

Distinguish between statutory Corporation and multinational Corporation.​

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