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Science, technology and the economy: An Indian perspective

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  • Narasimha, Roddam

Abstract

During the first three decades after 1947, the Indian economy grew only 3% per year but there was vast expansion in the science and technology (S&T) infrastructure. Decades later, especially during the last few years, the economy has grown much faster, but the S&T systems have not experienced the transformation that business and industry have. The net result is that the public sector S&T system is facing a major crisis even as the private sector contributes little to the national R&D effort. Wealth generation in India by private S&T services, especially in information technology, has led to greater prosperity for the educated middle class, but has also led to greater inequalities in income. The national scene is one of generally uneven achievement and extraordinary potential. This paper argues that unless another major shift in S&T policy occurs, there is real danger that India will not move beyond its status as a blue-collar S&T power.

Suggested Citation

  • Narasimha, Roddam, 2008. "Science, technology and the economy: An Indian perspective," Technology in Society, Elsevier, vol. 30(3), pages 330-338.
  • Handle: RePEc:eee:teinso:v:30:y:2008:i:3:p:330-338
    DOI: 10.1016/j.techsoc.2008.04.009
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    References listed on IDEAS

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    1. David A. King, 2004. "The scientific impact of nations," Nature, Nature, vol. 430(6997), pages 311-316, July.
    2. Sankar, (ed.), 2007. "The Economics of India's Space Programme: An Exploratory Analysis," OUP Catalogue, Oxford University Press, number 9780195683455.
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    Cited by:

    1. U. Sankar, 2012. "Science and Economics for Sustainable Development of India," Working Papers 2012-076, Madras School of Economics,Chennai,India.
    2. Lakitan, Benyamin, 2013. "Connecting all the dots: Identifying the “actor level” challenges in establishing effective innovation system in Indonesia," Technology in Society, Elsevier, vol. 35(1), pages 41-54.
    3. Arnaldi, Simone & Quaglio, GianLuca & Ladikas, Miltos & O'Kane, Hannah & Karapiperis, Theodoros & Srinivas, Krishna Ravi & Zhao, Yandong, 2015. "Responsible governance in science and technology policy: Reflections from Europe, China and India," Technology in Society, Elsevier, vol. 42(C), pages 81-92.
    4. Ratchford, J. Thomas & Blanpied, William A., 2008. "Paths to the future for science and technology in China, India and the United States," Technology in Society, Elsevier, vol. 30(3), pages 211-233.

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