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Impediments to the Diffusion of Technology in India:A Critical Analysis


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1 International School of Business & Media, Nande Village, Taluka Mulshi, Pune 412115, India
     

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The ultimate objective of an invention-innovation-diffusion effort is not fulfilled if it is not finally diffused to commercial use with a desired speed. Diffusion is the aggregate process of product penetration into the market. Despite several limitations like large population, low income level and significant poverty, India is emerging out as a major economic power, both economically and technologically. India has attained excellence in certain areas like IT-enabled services, biotechnology, and space science utilizing technology as a frontier to enhance the technological competency of the country. The dynamics generated by the diffusion of technology has provided the thrust in attaining some of the economic and social goals. Persistent weakness in technology absorptive capacity has constrained the development of the technology frontiers. At the end, suggested measures have been given to minimize the impediments to the diffusion of technology, which is a crucial determinant to bolster the technological competitiveness of India.

Keywords

Impediments to Technology Diffusion in India, Innovation Management, Technology Diffusion, Technology Management.
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  • Impediments to the Diffusion of Technology in India:A Critical Analysis

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Authors

Prasanta Kumar De
International School of Business & Media, Nande Village, Taluka Mulshi, Pune 412115, India

Abstract


The ultimate objective of an invention-innovation-diffusion effort is not fulfilled if it is not finally diffused to commercial use with a desired speed. Diffusion is the aggregate process of product penetration into the market. Despite several limitations like large population, low income level and significant poverty, India is emerging out as a major economic power, both economically and technologically. India has attained excellence in certain areas like IT-enabled services, biotechnology, and space science utilizing technology as a frontier to enhance the technological competency of the country. The dynamics generated by the diffusion of technology has provided the thrust in attaining some of the economic and social goals. Persistent weakness in technology absorptive capacity has constrained the development of the technology frontiers. At the end, suggested measures have been given to minimize the impediments to the diffusion of technology, which is a crucial determinant to bolster the technological competitiveness of India.

Keywords


Impediments to Technology Diffusion in India, Innovation Management, Technology Diffusion, Technology Management.

References