Knowledge Economy in India: Challenges and Opportunities
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.
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Volume (Year): 09 (2010)
Issue (Month): 03 ()
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