Impact of Globalization on the Technological Regime in India • 63 Impact of Globalization on the Technological Regime in India: Aspects of Change B K P * A Changes unleashed by liberalization and globalization acquire great signi ﬁ cance in the context of India as a result of its econ- omy formerly being inward-looking for decades. Here is a bird’s eye view of certain trend developments in the techno- logical regime in India that now characterize an outward- looking economy. Such changes are perceived as a threefold articulation: reorienting the industrial research laboratories, particularly the public-funded ones; reshaping technological research in academics; and adapting to competition through technological changes in industry, particularly in the manu- facturing sector. The paper brings out the unfolding techno- logical dynamism experienced by a developing economy, with its industrial capitalism only recently integrated through glob- alization. It shows how the technological regime is adapting to hard conditions via the emergence of globalization. With respect to developing countries, globalization, as an over-encom- passing process, has unleashed changes of unprecedented magnitude in various aspects of the economy. Owing to globalization, the Indian econ- omy has moved from the structuralist to the
Perspectives on Global Development and Technology – Brill
Published: Jan 1, 2005
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