Role of education policy in emerging knowledge economy

Introduction: Knowledge when gets utilized in entrepreneurship & innovation processes, research & development with software & product design is believed to be one of the likely sources of growth in a global economy. The ever-increasing importance of knowledge creates challenges as well as opportunities for developing economies like India and alike. It becomes a challenge in the sense that to become competitive globally, nations have to take part efficiently in knowledge-driven supply chains and markets which have now dominated the worldwide economy. Such knowledge-driven supply chains are the links in the knowledge process.

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