Strategic Research Investment for Sustainable Development in Low and Lower Middle-Income Countries
DOI:
https://doi.org/10.31357/vjs.v1i03.8427Abstract
Strategic research investment can profoundly change the development path of Low and Lower Middle-Income Countries (LMICs). This editorial examines successful development strategies, theoretical frameworks, and institutional models to create a guide for research investment in these nations. The insights reveal that smart research investments not only produce measurable economic benefits but also cultivate innovation capabilities necessary to avoid "middle-income traps". Countries that implement systematic research strategies, supported by robust policy frameworks, achieve progress in health, agriculture, and manufacturing. Conversely, nations that fail to develop and follow transformative policies and roadmaps risk prolonged technological reliance