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Business Environment and Law-Infrastructure Of The Economy

Technology Acquisition And Diffusion (Using Existing Knowledge To Improve The Competitiveness) - Infrastructure Of The Economy

   Posted On :  04.05.2018 07:56 am

Most of the knowledge that developing countries need to boost productivity and value added, in both high tech and traditional sectors, has already been invented.

Technology Acquisition And Diffusion (Using Existing Knowledge To Improve The Competitiveness)
 
Most of the knowledge that developing countries need to boost productivity and value added, in both high tech and traditional sectors, has already been invented. The problem is that this existing knowledge is not always being employed in world bank client countries. Therefore, a third, related aspect of capacity building involves enhancing the private sector’s ability existing technology, to improve and develop it for particular needs of local enterprises and incorporate it into local production processes. In other words, this aspect of capacity building would focus on helping the private sector absorbs and utilizes better technology that is already in use elsewhere in the world.
 

Science & Technology Policy Making Capacity

 
 
National policy makers need to have the capacity to understand the challenges and opportunities flowing from the global economy and to devise appropriate policies. Meeting these challenges will require concerted action by education institutions, R&D institutes, the private sector and the national government. It will also require close links and co-operation between each of these actors.
 

Science And Technology Manpower Development And Employment

 
 
While a number of steps have been taken by the government to increase employment opportunities the number of scientists would fall far short of the rate at which S&T persons are needed in the country. Some of the strategies for the creation of jobs and for retaining S&T personnel are:
 
            Motivating S&T personnel to capture the full potential of self-employment
 
            Creating awareness about entrepreneurship leading to self-employment among the college and school students
 
            Introducing greater capital investment in the areas where the outlay per work place is minimal
 
            Restructuring government policies to minimize import of goods
 
            Creating entrepreneurship development cells in all Science / Engineering/IITs and other academic institutions by the concerned central /state agencies
 
            Introducing automated techniques selectively from the viewpoint of safety, reduction of drudgery, improvements in productivity / efficiency, etc.
 
            Examiningexportstrategytoenablethecountrytopayforimportsthrough exports and thereby simultaneously generating greater employment
 
            Encouraging the establishment of sophisticated industries in the emerging areas of technology as also encouraging the service sectors requiring inputs from high technology so that highly trained s&t personnel could be retained and gainfully employed
 
            Maintaining centers of excellence in various branches of science and technology to retain highly trained persons within the country
 
            Providing proper working atmosphere and adequate amenities (e.g. Housing in urban areas) to S&Tt personnel

 


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