Articles by Nagesh Kumar

of Foreign Direct Investments Has India

One of the explanations for development and utilisation of local technology falling behind expectations is un- fair competition from foreign technologies. The nature of such competition is a severe disincentive to the development of local technological alternatives. Efforts at promotion of local technology, therefore, need to be supplemented by protection against foreign competition. Noting the inadequacy of the existing protection afforded to local technology, this paper argues that such protection needs to be complemented by price protection.

The Indian Experience Nagesh Kumar Though acquisition of technology from abroad may at times prove to be an expeditious way of getting the requisite technology, it has inevitable short and long run implications for the economic and technological development of the borrowing country A significant amount of literature has directed itself to assessing the impact of 'technology imports by India. Most of the studies in this category are, however, partial in their scope in that they have studied the impact in specific cases or on some specific parameters. This paper summarises the current state of knowledge on this aspect.