Unleashing India's Innovation: Toward Sustainable And Inclusive Growth

Business & Finance, Economics, Sustainable Development
Cover of the book Unleashing India's Innovation: Toward Sustainable And Inclusive Growth by Dutz Mark, World Bank
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Author: Dutz Mark ISBN: 9780821371978
Publisher: World Bank Publication: October 15, 2007
Imprint: Language: English
Author: Dutz Mark
ISBN: 9780821371978
Publisher: World Bank
Publication: October 15, 2007
Imprint:
Language: English
India's recent growth rate has been impressive, with real GDP rising by over 8 percent a year since 2004. The country is also becoming a top global innovator for high-tech products and services. Still, India is underperforming relative to its innovation potential. Even a dynamic young population more than half of whom are under 25 years of age is constrained when skillstraining and higher education are insufficient. To sustain competitiveness, economic growth, and rising living standards over the long term, India needs to aggressively harness its innovation potential.
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India's recent growth rate has been impressive, with real GDP rising by over 8 percent a year since 2004. The country is also becoming a top global innovator for high-tech products and services. Still, India is underperforming relative to its innovation potential. Even a dynamic young population more than half of whom are under 25 years of age is constrained when skillstraining and higher education are insufficient. To sustain competitiveness, economic growth, and rising living standards over the long term, India needs to aggressively harness its innovation potential.

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