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Technology Innovations in Emerging Markets: An Analysis with Special Reference to Indian Economy
Beginning of article
Emerging Markets (EMs) are very volatile and risky but there are enormous opportunities for business. Yet, most of the emerging markets are not up-to-date with technology in order to tap potential business opportunities. This paper, tries to understand technology innovations from the EMs point of view, with special focus on India. R&D investments, availability of Technology Institutes, and number of working patents owned by the country are taken as proxy measures for technology innovations. It has been shown how, country specific factors such as market structure, patent laws, and fiscal incentive system as well as firm specific factors such as organizational structure and culture, …
