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Science and Technology in India’s Growth

In: India’s Economic Growth

Author

Listed:
  • Jati Sengupta

    (University of California)

Abstract

India has entered the phase of a “new economy” since the late 1990s. This economy is characterized by a number of features, each of which affects growth and development to a significant degree. The major features are as follows: 1 increasing role of the information oriented sector utilizing information and communication technology (ICT); 2 accelerating trends in openness in trade with specialization in technology-intensive exports; 3 building R&D investment and human capital for the ICT based sectors, and; 4 proactive policy of government in market enhancing and competitive strategies of domestic firms in domestic and world trade.

Suggested Citation

  • Jati Sengupta, 2005. "Science and Technology in India’s Growth," Palgrave Macmillan Books, in: India’s Economic Growth, chapter 5, pages 130-171, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-50532-2_5
    DOI: 10.1057/9780230505322_5
    as

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