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Knowledge Economy in India: Challenges and Opportunities

Author

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  • Sonali Bhattacharya

    (Symbiosis Centre for Management and Human Resource Development, Symbiosis International University, Phase-I, Hinjewadi, Pune-411057, Maharashtra, India)

Abstract

India, along with some of the other middle low income countries like Brazil, Russia, China and the Republic of Korea is competing with high income developed nations like USA and Japan in the knowledge sector. India has to its advantage a big pool of knowledge workers like scientists, engineers, and researchers available at low cost. The pertinent question is whether the flow of knowledge has resulted in inclusive growth. This research paper is a critical analysis of the challenges and opportunities on the pathway to India's journey towards becoming a global leader in knowledge economy with respect to the four pillars as defined by the Knowledge Assessment Model (KAM) of the World Bank, namely, economic and institutional regime, education, information and communication technology, and innovation.

Suggested Citation

  • Sonali Bhattacharya, 2010. "Knowledge Economy in India: Challenges and Opportunities," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 9(03), pages 203-225.
    • Handle: RePEc:wsi:jikmxx:v:09:y:2010:i:03:n:s0219649210002620
    DOI: 10.1142/S0219649210002620
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    References listed on IDEAS

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    1. World Bank, 2008. "World Development Indicators 2008," World Bank Publications - Books, The World Bank Group, number 11855, December.
    2. World Bank, 2007. "World Development Indicators 2007," World Bank Publications - Books, The World Bank Group, number 8150, December.
    3. Daniel Kaufmann, 2004. "Corruption, Governance and Security: Challenges for the Rich Countries and the World," Public Economics 0411009, University Library of Munich, Germany.
    4. World Bank, 2008. "World Development Indicators 2008," World Bank Publications - Books, The World Bank Group, number 28241, December.
    5. Hoff, Karla & Pandey, Priyanka, 2004. "Belief systems and durable inequalities : an experimental investigation of Indian caste," Policy Research Working Paper Series 3351, The World Bank.
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