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PUBLIC POLICY AND EXPENDITURE ON R&D IN INDUSTRY

Singh, Lakhwinder (2007): PUBLIC POLICY AND EXPENDITURE ON R&D IN INDUSTRY. Published in: ECONOMIC AND POLITICAL WEEKLY , Vol. 36, No. 31 (4 August 2001): pp. 2920-2924.

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Abstract

Public sector R&D in India has recorded a negative growth since 1991. Although there has been an increase in private sector investment in R and D, this cannot completely arrest the impact of the withdrawal of public investment and will result in a weaking of India's competitive strength in a rapidly globalising market.

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