Template-type: ReDIF-Paper 1.0
Author-Name: Narayanan, K.
Author-Workplace-Name: Institute of Economic Growth, Delhi
Title: Technology Acquisition, De-regulation and Competitiveness: A Study of Indian Automobile Industry
Abstract: This paper has attempted to analyse the effects of deregulation policy, introduced
	 in India during the mid 1980s, on technology acquisition and competitiveness in the
	 Indian automobile industry during the 1980s. Following evolutionary theoretical
	 framework, the paper argues that asymmetry among firms in terms of technology
	 acquisition explain much of the firm level differences in competitiveness.
	 Asymmetry in technology acquisition is largely due to differences in the firms'
	 ability to bring about technological paradigm and trajectory shifts. The results of
	 the econometric exercise support the view that, even in an era of capacity
	 licensing, development of competitive skills crucially depended upon the ability to
	 build specific technology trajectory advantages. This is achieved by successfully
	 complementing imported technology with in-house technological efforts.
	 Competitiveness in a deregulated regime would, however, depend upon the ability of
	 the firm to bring about technological paradigm shifts. New firms who depended on
	 intra-firm transfer of technology and firms with in-house R & D efforts, to
	 accomplish paradigm shifts, appear more successful. Furthermore, in a liberal
	 regime, advantages of vertical integration also appear to be important determinants
	 of competitiveness.
Keywords: Technology transfer, Automobile industry, India
Series: Discussion Paper
Creation-Date: 1997
Number: 1997-03
File-URL: https://www.merit.unu.edu/publications/discussion-papers/9703.pdf
File-Format: application/pdf
File-Size: 112 Kb
Handle: RePEc:unm:unuint:199703