What is the importance of research and innovation in national development

Highlighting the contributions of research and innovation towards progress and growth of a nation.
  • Research and innovation drive economic growth by developing new products, services, and industries, leading to job creation and increased competitiveness in the global market.
  • They enhance the quality of life by improving healthcare, education, and infrastructure through technological advancements and scientific discoveries.
  • Research and innovation foster a culture of continuous learning and adaptability, enabling societies to address challenges and seize opportunities for sustainable development.
  • They help address social issues by finding solutions to environmental problems, poverty alleviation, and resource management, promoting social equity and well-being.
  • Investment in research and innovation fosters a knowledge-based economy, attracting foreign investment, enhancing productivity, and positioning a nation as a leader in the global community.
Answered a year ago
Kumar Preparing for Civil Services