Globalisation of innovations: Changing nature of India's S&T cooperation policy
Desai, Pranav N.
MetadataShow full item record
The present paper is an attempt to focus on the international dimensions of innovation policies that are likely to influence not only international investment decisions but also technological change and development process. Recently, a new dimension of innovation has been added by the offshoring of R&D services in India. This phenomenon was mainly confined to the triad countries. A major FDI investment in R&D has already flowed into India. Not only that countries like the US, Germany, UK or France have invested in R&D activities but a number of firms from China, Korea and Taiwan have figured in this process. Many theoretical and empirical studies are proving to be inadequate to explain this process of globalisation of innovation. The present paper will try to analyse the role of new actors, learning process and its impact on India's innovation system and discontinuity in India's cooperation policy if any. It is contended here that due attention on the interactions between 'national' and 'international' innovation systems can no longer be ignored for evolving balanced S&T policies.