Why I don't get much job opportunity calls!
While on my journey of endless youtube rabbit hole I came across video explaining recent UNESCO Science report on R&D. As R&D professional if started going in deep through multiple report and came overall dire and quite strange situation in India
Some numbers for India (2017–18):
- India spends about 0.7% of GDP i.e. 46 billion $ on R&D from last 5 years
- Out of that about 55% spent by Govt i.e. ~ 25 billion $ spent by state and union govts
- Out of 45% spend by union govt, only 2% spent on Capital investment i.e. 0.4 billion $
- About 37% is spent by Industry. About 6% is by educational institutes
Some number comparing with Global leaders in R&D:
- On average R&D spend by top 10 innovative countries is between 2.5 to 4.1%
- Govt contribution in most of countries is about 10–15 %
- Private contribution in R&D spend is average about 70%
- Universities contribute to between 15–20%
- In China and Japan about 10% cost is spent on Capital investment
R&D spend in India not only less compared to peers but also spending contributions are different. Something very different compared to other countries. As most of money spent by it comes with its inefficiencies. 98% of govt spend is towards covering daily expenses and 2% is used to build infrastructure.
Private sector contribution is about 37% compared to global average about 70%. Private sector spend about 70%.
Universities in India spend miniscule 6% compared to about 15–20% global average. To give perspective in India 1000+ universities and 40,000 + colleges spend about 1 billion $ on R&D combined in 2017–18. John Hopkins university in US in 2015 spent 2.3 billion $.
Some of these numbers truly mind blowing and eye opening about India’s negligible investment in R&D.
R&D spend does correlates to no of research papers and patents.
Now obvious question I had in my mind is does all this investment really means in better R&D?
Being R&D professional, fist thing comes to my mind is no of patents Check chart below, for no of patents in 2019. There is correlation factor of 0.73 which is actually very good and reliable correlation.
No of patents can be correlated with no of innovative products and thus overall progress.
But wait, there is catch here in these number. 34051 may be this less compared to other developed countries but not bad you would say.
70% patent applied in India are by foreign professionals in India. Most of these patents are basically IP protection filed by MNCs in India. Similar is case with copyrights and design patents.
No of patents withdrawn in India are much more than world comparison
Moreover, if you see overall trend,
Not only India’s contribution in global innovation is less, but impact it creates is even lesser.
Below chart for & contributions field comparison
Some of the facts I found by all this research,
- India’s contribution in Innovation is less miniscule to peers
- India’s spend on R&D remained about 0.7% of GDP over last 5 years
- Compared to global trends, govt spending is almost 5 times
- Private sector contribution in R&D sped is about half of global average
- Universities research contribution is almost negligible
- Most of govt money is spent in keeping these institutions running about 98%
- About 50% of Govt spending is on Defence and Space. Remining 50% is for all other fields
- No of Patent filed in India are less India
- Not only number is less, 70% are filed MNCs and foreign nationals in India
- About 60% R&D spend is for Pharma and automotive sector
- Basic science research in India is tiny % overall less number
After all this research I found answer to my basic query why I do not get much job opportunity calls!
Now, next few blogs, I would go through some problems and solutions, which I thought about.
I need to create more job for myself!