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Technology Commercialization by Micro, Small and Medium Enterprises (MSMEs) in Indian Context: Challenges and Governmental Support Systems
2013 (English)In: Indian Journal of Economics and Business, Vol. 12Article in journal (Refereed) Published
Abstract [en]

Post-liberalization, level of protection imparted by Indian government to Micro, Small and Medium Enterprises (MSMEs) is gradually reducing. In the changed scenario, MSMEs need to complete with large companies, both Indian and foreign, with cost-competitiveĀ and good quality products. Due to limited resources available with MSMEs, they find it difficult to develop internal technologies and hence need to access technologies developed elsewhere. Technologies developed by public funded Research and Technology Organizations (RTOs) can support MSMEs. However, MSMEs should develop competence to commercialize technologies procured from public-funded RTOs, and also utilize available governmental support to meet the emerging challenges. This paper discusses the challenges and governmental support systems for technology commercialization, with relevant examples, from Indian MSMEsā€™ perspective.

Place, publisher, year, edition, pages
2013. Vol. 12
Keyword [en]
Indian, MSMEs, Economic Growth, Technology Commercialization
National Category
Materials Engineering Other Materials Engineering
Research subject
ENGINEERING, Manufacturing and materials engineering
Identifiers
URN: urn:nbn:se:hv:diva-8555OAI: oai:DiVA.org:hv-8555DiVA: diva2:860665
Available from: 2015-10-13 Created: 2015-10-13 Last updated: 2016-02-11Bibliographically approved

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