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

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Transfer of Computer Technology in India-Case of B-CACHI

This paper explores the process of international technology transfers in the Indian electronic industry. International technology transfers are of importance to developing nations, like India, as they bridge the technological gap that exist between the developing and the developed nations and help in bringing about appropriate goods and services. The process of technology transfer is affected by several factors, some of which are set in a firm's environment, and some internal to it. Studies concerning technology transfer should aid the policy-maker, as well as the business manager who is in midst of a transfer process, by providing them with the relevant information on how the process works.

Industrialisation in Orissa-Trends and Structure

Trends and Structure Vinod Vyasulu A V Arun Kumar For a state like Orissa with few big industrial units, the main issue will be to work out strategies that help in the sustainable decentralised growth of industries. The present pattern of industrialisation is largely inadequate and the state has to actively intervene in the promotion of those industries suitable to the resource endowment of the state.

Capacity-Expansion and Competition Enforcement Policy

This paper seeks to examine the role of competition enforcement authorities when pre-entry restrictions on capacity expansion are removed. For that purpose it evaluates the minimum efficient scale (MES) of operation of the cement industry in India. Findings of the empirical exercise show that cement market of the country can accommodate a reasonably good number of producers and hence is capable of providing a competitive environment if firms were to operate at MES level. However, an assessment of the installed capacity of the cement plants indicates that many cement companies with single or multiple plants tend to have firm sizes much beyond the prescribed level by the estimated MES. Thus the possibility of erecting strategic barrier by some of the producers to forestall competition may not be ruled out.

Import Intensity of India s Exports-Some Fresh Evidence

Some Fresh Evidence Dhanmanjiri Sathe This paper examines the export intensity of a sample of Indian industries, the import intensity of their exports and the direct cost of technology imports. An attempt is also made to classify industries on the basis of their export and import intensities.

Debt, Where Is Thy Sting-Leverage and Corporate Performance

This paper examines the relationship between the debt-equity ratio and performance for a large sample of Indian firms. Extant theory posits a positive relationship between leverage and economic performance and this relationship is found to be valid in western economies. Analysis of data for a very large and representative sample of Indian firms, however, reveals the relationship for these firms to be significantly negative. The structure of capital markets in India, where both short-term and long-term lending institutions are predominantly government- owned, is postulated to account for the finding of this relationship, and it is shown that corporate governance mechanisms which work in the west will not work in the Indian context unless the supply of loan capital is privatised.

Enron in India Developing Political Capability-An Imperative for Multinational Enterprise in an Era of Globalisation

An Imperative for Multinational Enterprise in an Era of Globalisation This paper examines the consequences for political economy and multinational enterprise in the aftermath of the resolution of the Uruguay Round for economies such as India. The culmination of the GATT process occurred in circumstances which were altogether unexpected when negotiations commenced in 1986. The collapse of the Eastern Bloc and the disintegration of the Soviet Union produced a deterioration, during the period of the negotiations, in the confidence of advocates of planned socialism in terms of state regulation of the economy which was to prove decisive. This erosion of confidence permitted a comprehensive victory for the promoters of global free trade, in the context of capitalism, at Marrakech in 1994. The paper scrutinises how a combination of events unlooked for in December 1993 have altered the state of affairs reflected in the Marrakech Agreement.

Gujarati Entrepreneurship-Historical Continuity against Changing Perspectives

The transition from pre-machine manufacture to capitalist industry in south Gujarat - between Tapi and Vapi shows important long-term and short-term continuities. The first refers to the prominence of the Jain and Vaishnava banias from at least the 16th century, in the emergence of manufacturing industry to the present-day. The short- term continuity pertains to the other group which became involved in the industrial transition during this century petty producers, local artisans who were the first to change to engineering and profited from state-sponsored industrialisation. These continuities contrast markedly with the changing perspectives on entrepreneurship in the last 30 years.

Fall and Rise of Productivity in Indian Industry-Has Economic Liberalisation Had an Impact

In this study the author examines productivity trends in Indian industry for the period 1950-1951 to 1992-1993. the latest available Annual Survey of Industries (ASI) data that have been released by the Central Statistical

Lost Opportunity

Crisis and Change in Contemporary India edited by Upendra Baxi and Bhikhu Parekh; Sage Publications, New Delhi, 1994; p 453, Rs 250. THIS book is a 'shraddhanjali' in honour of a philosopher and teacher at the Maharajah Sayaji Rao University Vadodara. During the heady decade or so immediately following independence, Raojibhai Patel (affectionately known to his 'chelas' as 'Mota'), now ih his 80s, taught mathematics. But as a Marxist thinker and a quondam Royist Radical Democratic Party activist, his chief passions lay in philosophy, social theory and Indian history and politics (p 432).

Automotive Industry in Emerging Economies-A Comparison of South Korea, Brazil, China and India

The automotive industry in South Korea, Brazil, China and India is currently going through impressive growth. Governments have played a key role in the evolution of the industry in all these countries. South Korea, a relatively late entrant to the automobile industry, has made the most significant progress, and is now exporting cars to developed markets. It is the only country that invested in R and D for product development, retained management control in joint ventures with multinational companies (MNCs), and had ambitious export targets. The industry in Brazil is older than that in South Korea, but indigenous product development capabilities are lacking and manufacturing competitiveness is limited even though the industry' is entirely controlled by MNCs. The Indian industry is experiencing a revolution with rapid growth and the entry of the largest number of MNCs. The Chinese industry is also growing very rapidly although it is still highly fragmented. We trace the evolution of the industry in these growing markets and explore the linkages between government policy, the degree of managerial control and indigenous capabilities and competitiveness.

Industrial Pricing and Growth Fluctuations-Some Tests

Some Tests Ashima Goyal This paper examines the relationship between the mark-up and activity, for disaggregated industrial sectors in India. Mark-up pricing is shown to be consistent with profit maximisation, and the theoretical hypothesis about pricing behaviour is tested empirically.

Privatisation and Public Sector Enterprises in India-Analysis of Impact of a Non-Policy

The lack of a comprehensive policy on privatisation stands out in contrast to other aspects of the New Economic Policy. Perhaps this is politically expedient, but in terms of economic management and more so public sector management, the lack of a policy can result in unexpected outcomes which may not be all that expedient This paper attempts to provide glimpses of the possible outcomes of the non-policy on privatisation, focusing on the fiscal, efficiency and intersectoral dimensions.


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