Indian chemical industry, traditionally insulated from rest of the world, of late has been exposed to global competition. The paper examines its coping strategies and sectoral innovation system: industry’s evolution, major characteristics, policy and institutional framework, and its...

This research notes that the ascendancy of Asia’s economic growth coincides with the exigencies of shifting center of economic gravity towards innovation, while the two other pillars of economic growth, the quantity of labor force and capital formation, become increasingly subdued in growth...