[BRIC's as “Knowledge economy”: Comparing India with other BRIC nations.]

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Acknowledgement

I would take this opportunity to thank my research supervisor, family and friends for their support and guidance without which this research would not have been possible.

DECLARATION

I, [type your full first names and surname here], declare that the contents of this dissertation/thesis represent my own unaided work, and that the dissertation/thesis has not previously been submitted for academic examination towards any qualification. Furthermore, it represents my own opinions and not necessarily those of the University.

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Abstract

(The acronym BRIC stands for Brazil, Russia, India & china which first appeared in Goldman Sachs economic research. These populous countries have the potential to become a global economic power in next few decades. These countries are growing in the field of technology, manufacturing, services and etc. The real GDP growth and other economic indicators are promising .In this report, a particular country and sector is chosen for a comparative analysis.

There are many possible magnitudes to compare India with other developing nations. But here we focus on only one factor that could play significant role for future economic development. It is found that, in the modern world, hastily developing countries tend to be those in which economic growth depends increasingly on creation, acquisition, distribution and use of knowledge.

“The main aim is to study and analyze India's “knowledge sector” briefly to identify the strengths and flaws by comparing with other BRIC countries, especially with Russia and China. Brazil is not fully considered to reduce the burden. ”)

Table of Contents

CHAPTER 1: INTRODUCTION6

CHAPTER 2: LITERATURE REVIEW12

China - World Factory12

Brazil - the world's raw materials base12

India - the world's Office13

Russia - the world's gas station14

Four of huge business opportunities15

Five Characteristics of BRIC16

Economic Conditions16

BRIC countries - report17

"BRICs Dream: Road to 2050 Road" (2004)18

India's knowledge economy19

Follow-up report20

Knowledge Economy Russia22

CHAPTER 3: METHODOLOGY25

Research Design25

Literature Search25

Keywords25

CHAPTER 4: DISCUSSION AND ANALYSIS26

Information Infrastructure26

Comparative analysis34

Nanotechnology: the use of new technologies across the value chain39

Human Capital and Education41

Fieldwork42

Comparative Analysis43

Research and Development46

Comparative Analysis51

Regime54

Comparative analysis62

CHAPTER 5: CONCLUSION64

REFERENCES70

APPENDIX79

Chapter 1: Introduction

"BRIC" (BRICs) The term was first proposed by Goldman Sachs chief economist Jim O'Neill at November 20, 2001 issued a report entitled "The global need for better economic bricks" (The World Needs Better Economic BRICs) was first proposed in October 2003, the company, entitled "Together with the BRICs dream: leading the way in 2050" (Dreaming with BRICs: The Path to 2050) report predicted that the global economy, BRICs will command of the world economy in 2050 coquettish, including: Brazil, Italy, will be replaced by 2025 the economic position than the French in 2031; Russia will overtake the UK in 2027, overtook Germany in 2028; If nothing else, then China may be than the United States in 2041 to become the world's largest economy, India may overtake Japan in 2032; BRICs total GDP in 2041 may exceed the six industrial countries of Western (G7 to remove Canada), so that by 2050 the world economic structure will be a major reshuffle, the six new global economy will become China, the United States, India, ...