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Interdisciplinary groups perception on impact of technology: A study in Petro-Chemical sector

Author

Listed:
  • Kundu Amit

    (School of Management, Techno India Group, DN-25, Sector V Salt Lake Kolkata-700 091 West Bengal; India, amitkundu@technoindiagroup.in)

  • Majumdar Ramanuj

    (Faculty of Marketing, Indian Institute of Management Calcutta, Diamond Harbour Road P.O. Joka, Kolkata - 700 104 West Bengal; India)

Abstract

In today’s competitive business environment firms who can afford to invest on superior technology are in general found to be more efficient. In technology driven industries companies tend to encash upon the benefits of the superior technology, engage in continuous innovation and invest in R&D to gain competitive advantage. Notwithstanding this phenomenon, adoption of superior technology by any industry is extremely challenging. Even, Small and Medium size Enterprises (SMEs) in a developing country are often incapable of adopting the latest technology. Because they are expensive and moreover it leads to disruption to the traditional way of doing business and even different managerial functions differ on the adoption of technology.

Suggested Citation

  • Kundu Amit & Majumdar Ramanuj, 2019. "Interdisciplinary groups perception on impact of technology: A study in Petro-Chemical sector," HOLISTICA – Journal of Business and Public Administration, Sciendo, vol. 10(2), pages 69-82, August.
    • Handle: RePEc:vrs:hjobpa:v:10:y:2019:i:2:p:69-82:n:5
    DOI: 10.2478/hjbpa-2019-0016
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    References listed on IDEAS

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    More about this item

    Keywords

    Technology; Achievement Index; Small and Medium size Enterprises (SME); Petro-chemical Industry;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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