Abstract
Along with the other East-Asian countries such as China, India has recently been catching up with the global high-tech race. In fact, with highly-skilled employees, an ability to attract foreign direct investment and a series of post-1991 restructuring reforms, India seems to be on a fast track to high-tech evolution. The Indian economy gets its fuel through the conscious attention of its policy-makers, as well as the efforts of its well-educated scientists and engineers. For an economy that has been governed by protectionism and heavy bureaucracy for so long, recent developments in India are quite impressive.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Adams, J.D. and Jaffe, A.B. (1996) ‘Bounding the Effects of R& D: An Investigation using Matched Establishment-firm Data’, Rand Journal of Economics, vol. 27 (4), pp. 700–21.
Arora, A. (1996) ‘Contracting for Tacit Knowledge: The Provision of Technical Services in Technology Licensing Contracts’, Journal of Development Economics, vol. 50 (2), pp. 233–56.
Arrow, K. (1962) ‘The Economic Implications of Learning by Doing’, American Economic Review.
Chandler, A.D. (1970 [c 1962]) Strategy and Structure: Chapters in the History of the Industrial Enterprise. Cambridge, Mass.: MIT Press.
Marshall, A. (1890) The Principles of Economics, vol. 3. London: Macmillan.
Morasch, K. (1995) ‘Moral Hazard and Optimal Contract Form for R& D Cooperation’, Journal of Economic Behavior and Organization, vol. 28 (1), pp. 63–78.
Nelson, R. (1998) The Competitive Challenge: Strategies for Industrial Innovation and Renewal (ed.) D.J. Teece. Cambridge, Mass.: Ballinger.
Romer, P.M. (1986) ‘Increasing Returns and Long-Run Growth’, Journal of Political Economy, vol. 18 (4), pp. 1002–37.
Pandey, I.M. (1998) ‘The Process of Developing Venture Capital in India’, Technovation, vol. 18 (4), pp. 253–61.
Polanyi, M. (1962) Personal Knowledge. London: Routledge & Kegan Paul
Roderick, M. and Chandramouli, M.S. (eds) 1999 Doing Business with India. Price WaterHouse Coopers, (1996) p. 139.
Singh, A. (1996) ‘Karnataka: India’s High-tech Eden’, Director, vol. 50, (4), p. 23. Teece, D.J. ‘Firm Organization, Industrial Structure, and Technological Innovation’, Journal of Economic Behavior and Organization, vol. 31, (2), pp. 193–224.
Williamson, O.E. (1991) ‘Comparative Economic Organization: The Analysis of Discrete Structural Alternatives’, Administrative Science Quarterly, vol. 36 (2), pp. 269–96.
Williamson, O.E. (1987) ‘Transaction Cost Economics: The Comparative Contracting Perspective’, Journal of Economic Behavior and Organization, vol. 8 (4), pp. 617–25
Editor information
Copyright information
© 2003 Nirvikar Singh
About this chapter
Cite this chapter
Aydogan, N. (2003). India’s High-Tech Sector Growth: Creating a Knowledge Economy. In: Richter, FJ., Banerjee, P. (eds) The Knowledge Economy in India. Palgrave Macmillan, London. https://doi.org/10.1057/9780230512986_2
Download citation
DOI: https://doi.org/10.1057/9780230512986_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-50746-7
Online ISBN: 978-0-230-51298-6
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)