INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
India has chosen a two-pronged strategy to achieve techno-economic development: one focuses
on establishing a climate for domestic technology development, and the other addresses the
transfer and adaptation of technology from advanced nations. The author discusses India's support
policy and various strategies for the development of the nation's technology base. The study also
lists a number of foreign collaborations involving technology transfer that were entered into for
improvement with the goal of achieving technical competence in various industries.
A significant shift is also observed in the commercialization of domestic R&D efforts as well as
in the purchase of technology in light of GATT and new economic liberalization initiatives. In
order to obtain the tried-and-true technology with a demanding market and avoid paying royalties,
which is necessary to contribute to the Government's recently established technology development
fund, the Indian industry now prefers to import technological products rather than simply the
technology.
Keywords:
development, technology, India, market.
Cite Article:
"Indigenous development and technology acquisition: the Indian viewpoint", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 3, page no.d554-d558, March-2023, Available :http://www.ijnrd.org/papers/IJNRD2303374.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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