The impact of R&D investment on employment growth at the industry level, analyzing both national and international contexts. Using a mixed-methods approach, the research combines quantitative data, such as GDP and trade figures, with qualitative survey responses from 50 participants in the Medchal region. The findings reveal that 60% of respondents believe R&D investment positively affects employment, with significant roles created in research, engineering, and administrative areas. Key influencing factors include technological advancement and government incentives. The study concludes that R&D investments drive innovation, productivity, and market creation, leading to substantial job growth and economic development. Strategic R&D investment is thus essential for fostering sustained employment and economic prosperity across industries.
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Sowjanya et al. (2024) studied this question.
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