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India and the Knowledge Economy : Leveraging Strengths and Opportunities

Author

Listed:
  • Carl Dahlman
  • Anuja Utz

Abstract

In the global knowledge economy of the twenty-first century, India's development policy challenges will require it to use knowledge more effectively to raise the productivity of agriculture, industry, and services and reduce poverty. India has made tremendous strides in its economic and social development in the past two decades. Its impressive growth in recent years-8.2 percent in 2003-can be attributed to the far-reaching reforms embarked on in 1991 and to opening the economy to global competition. In addition, India can count on a number of strengths as it strives to transform itself into a knowledge-based economy-availability of skilled human capital, a democratic system, widespread use of English, macroeconomic stability, a dynamic private sector, institutions of a free market economy; a local market that is one of the largest in the world; a well-developed financial sector; and a broad and diversified science and technology infrastructure, and global niches in IT.

Suggested Citation

  • Carl Dahlman & Anuja Utz, 2005. "India and the Knowledge Economy : Leveraging Strengths and Opportunities," World Bank Publications - Books, The World Bank Group, number 7356, December.
    • Handle: RePEc:wbk:wbpubs:7356
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    Citations

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    Cited by:

    1. Tyabji, Nasir, 2012. "From the linear model to incremental innovation: Science and Industry in India," MPRA Paper 51292, University Library of Munich, Germany.
    2. Roberts, Keith J., 2018. "Community engagement in Indian higher education: Financial and partnership trends," International Journal of Educational Development, Elsevier, vol. 58(C), pages 95-105.
    3. Grace Kite, 2014. "Linked in? Software and Information Technology Services in India’s Economic Development," Journal of South Asian Development, , vol. 9(2), pages 99-119, August.
    4. Peter Knight & Jorma Routti, 2011. "e-Development and Consensus Formation in Finland," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 2(1), pages 117-144, March.
    5. Singh, Nirvikar, 2006. "Services-led industrialization in India: Assessment and lessons," MPRA Paper 1276, University Library of Munich, Germany.
    6. Unathi Sonwabile Henama, 2013. "Attracting Indian Outbound Tourists to South Africa: A BRICS Perspective," India Quarterly: A Journal of International Affairs, , vol. 69(3), pages 229-247, September.
    7. D'Costa, Anthony P., 2006. "Exports, university-industry linkages, and innovation challenges in Bangalore, India," Policy Research Working Paper Series 3887, The World Bank.
    8. Pallab Paul & Kausiki Mukhopadhyay, 2010. "Growth via Intellectual Property Rights Versus Gendered Inequity in Emerging Economies: An Ethical Dilemma for International Business," Journal of Business Ethics, Springer, vol. 91(3), pages 359-378, February.
    9. Jaswinder Singh Brar, 2014. "Trade in Services and Cross-border Higher Education in South Asia: Potential and Issues," Millennial Asia, , vol. 5(2), pages 157-177, October.
    10. Farok J. Contractor & Vikas Kumar & Charles Dhanaraj, 2015. "Leveraging India: Global Interconnectedness and Locational Competitive Advantage," Management International Review, Springer, vol. 55(2), pages 159-179, April.
    11. Jayan Jose Thomas, 2008. "Innovation In India And China: Challenges And Prospects In Pharmaceuticals And Biotechnology," Working Papers 2008-035, Madras School of Economics,Chennai,India.
    12. Herbert H. Werlin, 2009. "The Case for Democracy," Journal of Developing Societies, , vol. 25(3), pages 339-370, July.
    13. Jorge Romero Amado & Vania López Toache & María Eugenia Martínez De Ita, 2018. "Human Capital In Mexico Within The Framework Of The Knowledge-Based Economy: A Review Of Science And Tecnology Indicators," Economia Coyuntural,Revista de temas de perspectivas y coyuntura, Instituto de Investigaciones Economicas y Sociales 'Jose Ortiz Mercado' (IIES-JOM), Facultad de Ciencias Economicas, Administrativas y Financieras, Universidad Autonoma Gabriel Rene Moreno, vol. 3(1), pages 1-36.
    14. Micheline Riemsdijk, 2013. "Talent Acquisition in the IT Industry in Bangalore: A Multi-Level Study," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 104(4), pages 478-490, September.
    15. Danilo Piaggesi & Joel Mokyr & Graham R. Mitchell & Arlindo Villaschi Filho & T. Scott Murray & Allen Hammond & Rob Katz & John Paul & Julia Tran & Antonio Cordella & Shauneen Furlong & Peter Raymond , 2005. "The Knowledge Economy in Development: Perspectives for Effective Partnerships," IDB Publications (Books), Inter-American Development Bank, number 54338 edited by Robert Vitro, February.
    16. Herbert Werlin, 2012. "Governance or Democracy," Challenge, Taylor & Francis Journals, vol. 55(1), pages 86-113.
    17. World Bank, 2007. "Building Knowledge Economies : Advanced Strategies for Development," World Bank Publications - Books, The World Bank Group, number 6853, December.
    18. Spielman, David J. & Davis, Kristin E. & Negash, Martha & Gezahegn, Ayele, 2008. "Organic Rural Innovation Systems and Networks: Findings From a Study of Ethiopian Smallholders," 2007 Second International Conference, August 20-22, 2007, Accra, Ghana 52096, African Association of Agricultural Economists (AAAE).
    19. Kamini Tandon & Harsh Purohit & Deepak Tandon, 2016. "Measuring Intellectual Capital and Its Impact on Financial Performance: Empirical Evidence from CNX Nifty Companies," Global Business Review, International Management Institute, vol. 17(4), pages 980-997, August.
    20. Bhullar, Supreet S. & Nangia, Vinay K. & Batish, Ajay, 2019. "Research article: The impact of academia-industry collaboration on core academic activities: Assessing the latent dimensions," Technological Forecasting and Social Change, Elsevier, vol. 145(C), pages 1-11.
    21. Harinder Kohli & Anil Sood (ed.), 2010. "India 2039: An Affluent Society in One Generation," Books, Emerging Markets Forum, edition 1, number india2039, May.
    22. Piaggesi, Danilo & Mokyr, Joel & Mitchell, Graham R. & Villaschi Filho, Arlindo & Murray, T. Scott & Hammond, Allen & Katz, Rob & Paul, John & Tran, Julia & Cordella, Antonio & Furlong, Shauneen & Ray, 2005. "The Knowledge Economy in Development: Perspectives for Effective Partnerships," IDB Publications (Books), Inter-American Development Bank, number 319.
    23. Michelle Riboud & Yevgeniya Savchenko & Hong Tan, 2007. "The Knowledge Economy and Education and Training in South Asia," World Bank Publications - Reports 19637, The World Bank Group.

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