Interaction of Education with Research and Development
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Education is related to research and development (R&D) in the sense that the latter requires learning experience and the former gains from new knowledge and technology. A positive relationship exists between higher education R&D expenditures and the quality of education systems in developing countries. Indeed, education and R&D form a continuum resulting in a body of knowledge and technologies which result in societal benefits. Thailand is a middle-income country, with low R&D expenditures, and the weakness in R&D is likely related to deficiencies in the education system in addition to inadequate financial resources. Vice versa, weakness in R&D likely contributes to weakness in the education system.
KeywordsGross Domestic Expenditure On R&D (GERD) OECD Averages Middle-income trapMiddle-income Trap Higher Education Sector Good Education System
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