Innovation Indian ishtyle!

Innovation Indian ishtyle!:

Three parameters: "research and development (R&D) spending as per cent of GDP, number of patents registered and yearly output of science and technology (S&T) graduates. Countries like Israel, Taiwan and Korea score significantly over India. India, with only 1% of GDP spent on R&D and over 300,000 engineers/scientists graduating each year, registered a mere 354 patents in 2003, compared with Taiwan's 5,300 and Korea's 3,952. These countries spend more than double of what India spends on R&D as a percentage of GDP. Contrast this with the vanguard innovation society, the US, with 88,000 patents and 2.7% of GDP going towards R&D with the same output of S&T graduates as India?s! In this respect, they are truly on a trajectory of being tomorrow's Innovation Society."