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Industrialization and economic growth of India: interactions of indigenous and foreign technology

机译:印度的工业化与经济增长:本土技术与外国技术的相互作用

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摘要

The Indian economy was inward-looking and protected from internal and external competition. In the absence of competition, firms did not develop the technological capability needed for penetrating the global market. Because of this, Indian firms were inefficient, did not seek access to foreign technology, and did not develop the capability for integrating with the global economy, even though India has excellent technological infrastructure and R&D institutions. Foreign direct investment was very low, and imports of capital goods were strictly controlled. Indian industry thus had a very low share in emerging areas where world trade was growing rapidly. The liberalization and globalization processes initiated in 1991 are facilitating many changes. Consequently, in developing countries, the government has to devise policies which induce the building-up of technological capability. [References: 19]
机译:印度经济是内向型的,受到内部和外部竞争的保护。在没有竞争的情况下,公司没有发展进入全球市场所需的技术能力。因此,即使印度拥有出色的技术基础设施和研发机构,印度公司的效率也很低,没有寻求外国技术的使用,也没有发展与全球经济融合的能力。外国直接投资很低,资本货物的进口受到严格控制。因此,在世界贸易迅速增长的新兴地区,印度工业所占的份额非常低。 1991年开始的自由化和全球化进程推动了许多变化。因此,在发展中国家,政府必须制定政策来诱导技术能力的增强。 [参考:19]

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