IDEAS home Printed from https://ideas.repec.org/p/ngi/dpaper/16-08.html
   My bibliography  Save this paper

One size does not fit all : An analysis of the importance of industry-specific vertical policies for growing high technology industries in India

Author

Listed:
  • Mani Sunil

    (National Graduate Institute for Policy Studies, Centre for Development Studies, Trivandrum, KeralaCentre for Development Studies, Trivandrum, Kerala, India)

Abstract

India is one of the fastest growing countries of the world at present. Currently she is attempting to raise the share of her manufacturing sector to at least a quarter of her GDP by 2022 through variety of proactive industrial policies. This has led to a debate of sorts on the role of industrial policies when the economy is moving towards a free market economy where the discretionary role of government is reduced to a minimum. India's small manufacturing sector, although now sixth largest in the world, is slowly moving towards high and medium technology industries, both in terms of manufacturing value added and in terms of share of manufactured exports. India is now slowly becoming an important player in selected high and medium high technology sectors such as aerospace, pharmaceuticals, and automobiles while her attempts at developing a telecommunications equipment manufacturing industry has failed. The paper identifies the vertical policies that have been crucial for the development or lack of it of each of these four high tech industries. While these vertical policies are shown to be one of the necessary conditions for the growth of these high technology sectors, the sufficient conditions depend on the existence of firm strategies that can take advantage of these proactive vertical policies. The paper thus underscores the importance of specific vertical policies be it is the case of the offset policy in the case of the aerospace industry, the patent policy in the case of the pharmaceutical industry and so on.

Suggested Citation

  • Mani Sunil, 2016. "One size does not fit all : An analysis of the importance of industry-specific vertical policies for growing high technology industries in India," GRIPS Discussion Papers 16-08, National Graduate Institute for Policy Studies.
    • Handle: RePEc:ngi:dpaper:16-08
    as

    Download full text from publisher

    File URL: https://grips.repo.nii.ac.jp/?action=repository_action_common_download&item_id=1507&item_no=1&attribute_id=20&file_no=1
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mani, Sunil, 2000. "Exports of High Technology Products from Developing Countries: Is it Real or a Statistical Artifact?," UNU-INTECH Discussion Paper Series 2000-01, United Nations University - INTECH.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Surabhi Somya & Madhuri Saripalle, 2023. "The Determinants of Firm’s Growth in the Telecommunication Services Industry: Empirical Evidence from India," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 21(1), pages 193-211, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dezhong Duan & Qifan Xia, 2022. "From the United States to China? A trade perspective to reveal the structure and dynamics of global electronic‐telecommunications," Growth and Change, Wiley Blackwell, vol. 53(2), pages 823-847, June.
    2. Sanjib Pohit & Sanjukta Basu, 2012. "High Technology Merchandise Exports: Where does India Stand?," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 13(2), pages 183-206, September.
    3. Dahai Fu & Yanrui Wu & Yihong Tang, 2012. "Does Innovation Matter for Chinese High-Tech Exports? A Firm-Level Analysis," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, vol. 7(2), pages 218-245, June.
    4. Sunil Mani & Anthony Bartzokas, 2004. "Institutional support for investment in new technologies: the role of venture capital institutions in developing countries," Chapters, in: Anthony Bartzokas & Sunil Mani (ed.), Financial Systems, Corporate Investment in Innovation, and Venture Capital, chapter 6, Edward Elgar Publishing.
    5. Mani, Sunil, 2001. "Role of Government in Promoting Innovation in the Enterprise Sector An Analysis of the Indian Experience," UNU-INTECH Discussion Paper Series 2001-03, United Nations University - INTECH.
    6. Samy Bennaceur & Adel Boughrara & Samir Ghazouani, 2007. "On the Linkage Between Monetary Policy and MENA Stock Markets," Working Papers 723, Economic Research Forum, revised 04 Jan 2007.
    7. Mehta, Swati, 2010. "Technology Dynamism: Analyses of Changing Structure of Trade in Organized Manufacturing Industries In India," MPRA Paper 41495, University Library of Munich, Germany.
    8. Éltető, Andrea, 2014. "A visegrádi országok kereskedelme Ázsiával - a globális termelés lenyomata [The trade of the Visegrád countries with Asia - a manifestation of global production]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 586-608.
    9. Cieślik Ewa, 2014. "Region Of Southern Africa: International Trade And Global Value Chains," Folia Oeconomica Stetinensia, Sciendo, vol. 14(2), pages 239-258, December.
    10. Chatterjee, Rittwik & Chattopadhyay, Srobonti, 2013. "High Technology Products Exports by India and China: A Constant Market Share Analysis," MPRA Paper 51800, University Library of Munich, Germany.
    11. Mani, Sunil, 2001. "Government, Innovation and Technology Policy, An Analysis of the Brazilian Experience during the 1990s," UNU-INTECH Discussion Paper Series 2001-11, United Nations University - INTECH.
    12. Jorge Chami Batista, 2003. "Latin American Export Specialization and Growth: An Inquiry into the Nature of Product Competition between Different Exporters," Discussion Paper Series 146, Research Institute for Economics & Business Administration, Kobe University.
    13. Halmai, Péter, 2007. "Török Ádám: Competitiveness in Research and Development Comparisons and Performance. Edward Elgar Publishing, Cheltenham, Egyesült Királyság, 2005, 250 oldal [Ádám Török: Competitiveness in Researc," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 602-606.
    14. Cieślik Ewa & Biegańska Jadwiga & Środa-Murawska Stefania, 2016. "Evaluation of Trends in Foreign Trade Development in the Post-Communist Countries of Europe in the Years 2000–2012 Following their Accession to the EU," Quaestiones Geographicae, Sciendo, vol. 35(4), pages 35-48, December.
    15. Andrea ÉLTETŐ & Katalin VÖLGYI, 2013. "Integrated in the global value chains - trade developments between Hungary and Asia," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 4, pages 57-79, June.
    16. Liang, Shuang & Tan, Qingmei, 2024. "Can the digital economy accelerates China's export technology upgrading? Based on the perspective of export technology complexity," Technological Forecasting and Social Change, Elsevier, vol. 199(C).
    17. Marasco, Antonio, 2005. "Testing Schumpeterian growth theory: the role of income inequality as a determinant of research and development expenditures (developed economies) and successful technology transfers (developing econo," MPRA Paper 4785, University Library of Munich, Germany.
    18. Alan L.Porter & Xiao-Yin Jin & Nils C Newman & David Johnson & David Johnson Roessner, 2006. "High Tech Competitiveness: Spotlight On Asia," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 2(2), pages 111-143.
    19. Larry Westphal, 2002. "Technology Strategies For Economic Development In A Fast Changing Global Economy," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 11(4-5), pages 275-320.
    20. Burak Sencer Atasoy, 2021. "The determinants of export sophistication: Does digitalization matter?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 5135-5159, October.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ngi:dpaper:16-08. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/gripsjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.