Durham, N.C. — Despite low science and engineering student graduation rates and widely varying education quality, India is rapidly becoming a global research and development hub at a rate akin to what it accomplished in information technology, a new study shows.
Conducted by Duke University's global engineering and entrepreneurship project team, the study was released by the Ewing Marion Kauffman Foundation.
It shows that India's private sector has adapted and perfected the best practices of Western companies and integrated them through innovative workforce training and development programs.
Indian senior corporate executives have developed, in effect, a surrogate education system by producing, for a variety of industries, skilled labor pools capable of handling very complex work.
"Because they are investing in, cultivating and empowering their employees, Indian companies can hire bright but largely inexperienced talent and train them to be world-class engineers and scientists," says the study's lead author, Vivek Wadhwa, executive-in-residence at the Pratt School of Engineering at Duke and a fellow at the Labor and Worklife Program at Harvard Law School.
India seen developing own R&D work force
Copyright 2009 by Capitol Broadcasting Company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
-
- PC makers may face a legal challenge in ‘Green Dam’ battle from U.S. firm
Jul. 3, 2009 - As Nortel’s final demise nears, what blame should its board shoulder?
Jul. 3, 2009 - Climate change and the economy: Public policies like ‘cap and trade’ and a carbon tax could have big impacts on our wallets.
Jul. 3, 2009 - 20/20: Surgery can let you see like a child again
Jul. 3, 2009 |
- CDC: US swine flu cases rise to nearly 34,000
Jul. 3, 2009
- PC makers may face a legal challenge in ‘Green Dam’ battle from U.S. firm
-
- RTP-based Metabolon raises another $1 million in venture capital
Jul. 2, 2009 - NanoCor Therapeutics raises $2.5M
Jul. 1, 2009 - Despite three IPOs, venture-backed exits drop to trickle in second quarter
Jul. 1, 2009 - Seeking investors? Be sure to find the right angel partners
Jul. 1, 2009 - Georgia Research Alliance venture fund closes on $18.75 million
Jun. 29, 2009
- RTP-based Metabolon raises another $1 million in venture capital
More from wrallocaltechwire.com
Market Watch
advertisement


