March 5, 2007Economy

India’s academic R&D budget

PeaHD

This is an archived blog post from The Acorn.

According to Abi’s estimates, at about US$ 450 million per year, the academic R&D support for the entire country of India is about the same as (or, even smaller than) the R&D expenditure in a (largish) US state university”. The abysmally low aggregate expenditure on R&D may well be cited as the reason to explain the abysmally small number of scientific publications”.

The more bucks for more bang argument is true to a certain degree, and modern research requires high upfront investment. Yet the question that needs to be asked is not whether the government can allocate more funds for R&D (it probably can’t), but rather what is it doing to incent the private sector to invest in R&D work?

Staying on the topic of R&D, The Economist has a feature article on the rise and fall of corporate R&D in the United States.



If you would like to share or comment on this, please post it on Twitter Previous
Hot pursuit, boo!
Next
The farce is joint but the joke is on India

© Copyright 2003-2021. Nitin Pai. All Rights Reserved.