Demographic Dividend, Human & Knowledge Capital Management and Growth: An Endogenous Model-Based Approach

Abstract: In this article, we try to establish a relation between a nation’s population and its growth with the GDP growth by means of endogenous growth theories and attempt to explain India growth by means various empirical studies. India’s growth associated with an increase in total factor productivity associated to have a relation with human capital and knowledge capital formation in India which is debatable. We have a very low gross enrolment ratio (GER), Education expenditure is very low for general education and it is even low for higher education. Our education system is not R&D based to a very large extent and skill development is also questionable.  The government investment for R&D is low. The proper human resource management through upskilling human capital of the youth is vital through a PPP model. Macro synergy of innovation capital can be obtained only through firm level micro consistent innovation acts

Innovation-led Growth, Human capital-led Growth

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