DMPQ: Knowledge based economy has huge potential to grow with sustained rate. But there are concerns with Indian as an eligible country for knowledge based economy. Discuss.
USA is a knowledge based economy which is growing at a sustained rate. This type of economy adds more value to its available resources and hence ensure better growth. The major concern with India in realising the potential of knowledge base economy are: Lack of adequate funds for investing in R&D sector. Our … Read more