Reasons as to why the efforts of the foreign scientists and engineers contribute much more to the labor productivity and
Introduction:
Economic Growth: It is defined as the increase in the goods and services produced in a country over a period of time, preferably measured on an annual basis
Labor Productivity: The total real domestic product per worker is defined as the labor productivity
Innovation: It is the transformation of a new invention for the benefit of the economy by reducing the production cost or by production of new good or services
Invention: It is the discovery of new technological process
Human Capital: The attributes of labor including skills, knowledge, education, health and capacity that has direct influence on their productivity is termed as human capital
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