Impact of economic performance and Institutional regime on knowledge economy: A study of selected countries
Abstract
Economic performance and institutional regime is often seen as driving force for sustainable long term knowledge economic growth of any country. Indian economy is one of the rapidly growing economies in this modern globalization world. Indian economy is enjoying the average economic growth of 7% from last two decades, but is this economic growth sustainable or only some short-term phenomena because of increasing consumer market, and increasing information sector. To achieve long-term sustainable growth innovative climate is very important. The purpose of this paper is to study the fundamental pillar of knowledge economy i.e. economic and institutional regime that provides overall framework for directing the economy.
Authors
Khushboo Agarwal, Kanika Mittal