Research and Development Index (RDI) as an indicator for Economic development
E.M.R. Kiremire1*
1Faculty of Science, University of Namibia, Private Bag 13301, Windhoek Namibia
http://dx.doi.org/10.12944/CWE.4.2.03
A simple formula relating economic development to research and development has been established. The more scientific research and development a country engages in, the more its economy advances. A research and development index(RDI) has also been established. RDI can be utilized as a good indicator to determine the level of economic development of countries. That is, whether a country is very developed, medium or lowly developed.
Research and Development Index; Scientific research; Economic Development
Copy the following to cite this article:
Kiremire E.M.R. Research and Development Index (RDI) as an indicator for Economic development. Curr World Environ 2009;4(2):263-275 DOI:http://dx.doi.org/10.12944/CWE.4.2.03
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Kiremire E.M.R. Research and Development Index (RDI) as an indicator for Economic development. Curr World Environ 2009;4(2):263-275. Available from://www.a-i-l-s-a.com/?p=957
