Applied Research in Low Income Countries: Why and How?
- 1Ministry of Land Management Agriculture and Co-operative, Nepal
- 2Department of Agricultural Economics and Agribusiness, Louisiana State University, United States
Research and development (R&D) offer promising clues to address wide range of socioeconomic problems through development of new products and services or often by improving the existing ones. High income countries have realized the worth of R&D and invested tremendously in that sector; however, resource-poor low income countries (LICs) are far behind in realizing the potential benefit that R&D could offer towards economic growth and national development. Even if some LICs have positive outlook towards R&D sector, the trend of emulating works from HICs to solve local or regional issues have most often yielded counterproductive results. LICs are suggested to primarily focus on applied research by incorporating their socioeconomic and cultural aspects to solve their everyday problems whose investigation is often ignored in research intensive nations. Moreover, applied research in LICs offers the potential to provide low-cost and innovative solutions to local and/or regional problems with global implications.
Keywords: Research, type, development, low income countries, Economy
Received: 01 Jun 2019;
Accepted: 25 Sep 2019.
Copyright: © 2019 Acharya and Pathak. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
* Correspondence: Mx. Krishna P. Acharya, Ministry of Land Management Agriculture and Co-operative, Pokhara, Nepal, Kriaasedu@gmail.com