Agenda for Industrial Development

  In my previous two articles on technology transfer, the focus was predominantly on understanding the nature of the process and suggesting some preliminary measures to facilitate it.   In the current text, I suggest an embryonic development model, which I will refer to as the Triple Track Development Model. By Triple-Track development model; I mean the utilization of three interrelated pathways to achieve development;  The traditional pathway for industrial development which progresses from Light Industry to Heavy Industry to Capital-Intensive industries; Knowledge/Digital based development using ICT & digital technology to leverage growth and innovation; and The renewable technology development pathway for growth and prestige. Track-I: The Traditional Industrial Development Path Let’s begin with the carbon-fueled traditional pathway for industrial development. Given the prevailing conditions, this approach to development poses several challenges, esp...

 In my earlier article on Demystifying Technology Transfer, I aimed to dispel misconceptions surrounding the technology transfer process. It was established therein that technology is not about the “cool” modern gadgets or tools, but also the knowledge and methods behind them. Also, the “know-how” and “know-why” components of knowledge were fleetingly addressed. In this follow-up piece, my focus shifts to providing a clear understanding of what the technology transfer process entails. A brief clarification is in order, as by Transfer of Technology (ToT) here, I specifically refer to international transfer, excluding ToT within the local context which involves transfer from R&D institutes to local industry. The concept of triple helix or n-helix and its implications on private sector competitiveness and development will be discussed in some later posts. Technology Transfer Process: ...