ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

M H BalasubrahmanyaSubscribe to M H Balasubrahmanya

Small Industry and Globalisation

This paper studies the impact of globalisation and domestic economic reforms on small industry. Small industry has suffered in terms of growth of units, employment, output and exports. But the policy changes have also thrown open new opportunities and markets for the sector. To avail of these, the focus must be turned to technology development and strengthening of financial infrastructure in order to make Indian small industry internationally competitive and contribute to national income and employment.

Research and Development in Small Industry in Karnataka

This paper primarily probes the nature and dimensions of R and D activities carried out in small-scale industries in Karnataka. Quite a number of small firms are informally engaged in R and D in the region. External factors like competitive pressure, technological change and customer needs have driven most of these firms to undertake R and D to achieve quality improvement, cost efficiency and competitiveness. Thus 'incremental innovations' are the primary feature of R and D in small firms and they spend hardly 1 per cent of their turnover for R and D.
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