Title: Mapping the position of higher educational institutes in national economic advancement: a comparative analysis

Authors: P.K. Ghosh; Ankur Kashyap; Rajat Agrawal

Addresses: Department of Metallurgical and Materials Engineering, Indian Institute of Technology (IIT), Roorkee, Uttarakhand, India ' Department of Management Studies, Indian Institute of Technology (IIT), Roorkee, Uttarakhand, India ' Department of Management Studies, Indian Institute of Technology (IIT), Roorkee, Uttarakhand, India

Abstract: This study examines the role of higher educational institutes (HEI) in national economic development, from various angles and aspects with a specific focus on university-based research in large economic nations. The discussion is complemented by an in-depth study of the available data on research and experimental development (R&D) for various countries. This research is done on gathered evidence from existing data and various researches from industries, higher education, public and private institutions working at national or international level. The findings justified the crucial role that higher education plays in the economy of a country and also explains their increasing contribution for economic recovery.

Keywords: economic growth; economic development; higher education institutes; HEI; country comparison; economic recovery; research and development; R&D.

DOI: 10.1504/IJTLID.2016.079613

International Journal of Technological Learning, Innovation and Development, 2016 Vol.8 No.3, pp.283 - 302

Received: 18 Sep 2015
Accepted: 14 Feb 2016

Published online: 05 Oct 2016 *

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