Developed economies spend the equivalent of two to three percent of their GDP on Research and Development (R&D).rnBut the figure is much lower for emerging markets including Sri Lanka.rnrn
Experts say without prosperity there wont be enough for R&D expenditure and without R&D spending growth will always be below par.rn
rnWithout prosperity there wont be enough for R&D expenditure and without R&D spending growth will always be below par, say economists.rn
rnDeveloped economies spend the equivalent of two to three percent of their GDP on research and development. rn
rnBut the figure is much lower for emerging markets including Sri Lanka. rn
rnHow can countries like Sri Lanka break the shackles?rn
rnShoba and his team at Zone24X7 (Zone TwentyfourSeven) are doing research on what will hopefully revolutionize the entire mobile phone industry.rn
rnWith the mobile content delivery market expected to hit US$ 400 bn by 2007, this US based research company has its eye on being a key ini