Role of research and development in economic growth of a country
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Answer:Role of research and development in economic growth of a country
is very much Economic development is the process in which a nation is being improved in the sector of the economic, political, and social well-being of its people. The term has been used frequently by economists, politicians, and others in the 20th and 21st centuries. Research and development constitutes the first stage of development of a potential new service or the production process.
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ERPA's focus is on short- and medium-term research in the areas of productivity, competitiveness, market structure, framework policies, business innovation, business investment, and sectoral trends and issues.
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