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Innovation and Collaboration: The Trends and Role of Science & Technology in the Indian Business Sector

  • Unique Paper ID: 173534
  • Volume: 8
  • Issue: 8
  • PageNo: 657-668
  • Abstract:
  • The private sector has significantly enhanced its role in India’s economy, especially after 1990, with Indian enterprises excelling globally in sectors like software, pharmaceuticals, metals, and auto components. These firms actively engage in innovation, technology absorption, and R&D to climb the technology value chain. Collaborating with international firms helps bridge knowledge gaps, enabling access to advanced technologies, fostering innovation, and attracting foreign investments. This paper explores the technological development of the Indian private sector: the private sector's growing importance, the national innovation system, performance of high-tech industries, technical collaborations with a pharmaceutical case study, and conclusions with suggestions.
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  • ISSN: 2349-6002
  • Volume: 8
  • Issue: 8
  • PageNo: 657-668

Innovation and Collaboration: The Trends and Role of Science & Technology in the Indian Business Sector

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Impact Factor
8.01 (Year 2024)
UGC Approved
Journal no 47859

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