Impetus for Firm/Entrepreneur and Technology Institution Interaction Through Indian Developmental Financial Institutions

N Prabhu Ganesh

IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: The Indian government recently reduced funding to technology institutions (TIs), forcing them to seek greater commercialisation opportunities. Indian firms/entrepreneurs (f/Fs), facing increasing technological competition, are exploring indigenous R&D facilities for new technology. Providing impetus to this mutually beneficial and important trend, developmental financial institutions (DFIs) in India are encouraging F/Es to complement their internal R&D with sponsored or commercialisation projects with Tis. This paper examines the role of Indian DFIs in facilitating F/E – TI interaction. These initiatives are important in the developing country context as they combine institutions, increase resource utilisation and facilitate entrepreneurship.

Date: 1995-03-01
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Persistent link: https://EconPapers.repec.org/RePEc:iim:iimawp:wp01316

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