K Narayanan – författare

This book focuses on Indianmanufacturing industries and analyses the impact of inward foreign directinvestment on the domestic sector on the one hand, and exports and outwardforeign direct investment by Indian companies on the other. Although theemphasis is mostly general, specific industries, such as the automotiveindustry or the wind energy sector are also explored. The differences between lowand high technology industries are also addressed.

In terms of theoretical settingand analysis, the book draws both from international business and industrial organizationliterature. The various characteristics of Indian industries, such as thedeterminants and impacts of R&D, the effects of spillovers, the drivers ofproductivity and technical efficiency are thoroughly researched employingappropriate quantitative methodologies that are relevant to the specific domainand topic under investigation.  The book also focuses on the bearing ofpolicy on promoting manufacturing industries in India and is therefore ofinterest to researchers, industrialists and policy makers alike.

This book examines the globalisation of technology and innovation in the modern world. Enterprises globalise in several ways, e.g. by exporting, sourcing components and materials from other countries (B2B commerce), outsourcing, licensing their technologies and production, and foreign direct investments (FDI). Transaction costs and location advantages play a crucial role in selecting the best mode of globalisation. A number of important questions – like what are the pull and push factors contributing to FDI, does outward FDI from a developing country like India contribute to participation in international production networks, and does FDI mitigate business cycle co-movements – keep cropping up in the growing body of knowledge on the globalisation of technology. This book addresses these issues, as well as the consequences of FDI – in particular, with regard to technology, productivity, and R&D spillovers. Issues related to innovations, R&D, intra-industry trade, and knowledge management are also discussed.

This book concentrates on major changes that are now taking place in the fields of technology, foreign direct investment (FDI), trade and development strategies, with a particular focus on India. Arguably, these changes are likely to differ from those that the world has experienced over the past few decades; in particular, now that many countries have globalised their economies. The book begins by reviewing the changing pattern of FDI flows and technologies among developed and emerging economies, before identifying the determinants of this change by presenting specific studies on Indian industries. It then addresses key questions such as: How are knowledge spillover mechanisms operationalised, and what are the implications of the internationalisation of the IPR process? The role of FDI is also analysed in order to make policy recommendations for fostering innovation in emerging economies like India.

The respective chapters examine the process through which technological paradigm and trajectory shifts are taking place, the factors that facilitate such shifts, the changing pattern of FDI, and the shifting focus of international trade and development strategies – four broad themes that are interrelated and mutually reinforcing. The book offers important takeaways for all social scientists, technologists and business schools interested in Indian studies; it will also benefit researchers whose work involves development economics, industrial organisation and technology, and the economy / society interface.