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Dragon and the Elephant - Understanding the Development of Innovation Capacity in China and India: Summary of a Conference (Paperback)
Loot Price: R563
Discovery Miles 5 630
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Dragon and the Elephant - Understanding the Development of Innovation Capacity in China and India: Summary of a Conference (Paperback)
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Loot Price R563
Discovery Miles 5 630
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The return of the once-dormant economies of China and India to
dynamism and growth is one of the most remarkable stories in recent
history. The two countries are home to nearly 40 percent of the
world's population, but until recently neither had played an
influential role in the contemporary global economy. In the past
two decades, China and India have liberalized internal economic
policy, treatment of foreign investment, and trade, and have
experienced economic growth at sustained high rates. From the point
of view of the United States, however, the most important
development in the Chinese and Indian economies in the long term
may be the strides they are making in developing their own domestic
innovation capacities. After a long period of underinvestment, both
countries have committed to growing their science and education
systems to bolster research and further economic expansion. Some
observers of the recent growth have said that both countries are
surging in their efforts to spur innovation; others have emphasized
the potential of one country over the other; and still others have
suggested that both China and India have a long way to go before
achieving innovation-driven growth. With such a range of views, The
National Academies set out to describe developments in both
countries, in relation to each other and the rest of the world, by
organizing a conference in Washington, D.C. The conference,
summarized in this volume, discussed recent changes at both the
macroeconomic level and also in selected industries, and explored
the causes and implications of those changes.
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