Indian economy has reached in the orbit of high rate of economic growth. She is being widely acclaimed and recognized as an emerging global economic power. The rate of growth recorded during the period 1950-51 to 2004-05 clearly showed a tendency of steady upward trend. However, the decade of...

India and China have emerged as important sources of outward foreign direct investment (OFDI) in the global economy. The increasing presence of their enterprises in the advanced countries has posed a challenge both to theory of internationalization of firms and public policy alike to explain why...

The national system of innovations in the recent phase of globalization has undergone dramatic structural transformation. Innovations entails organizational as well as changes in the rules of the game. The history of economic development of the developing and newly industrializing economies...