Handbook of Innovation &Amp; Appropriate Technologies for International Development 2022
DOI: 10.4337/9781800887824.00013
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Technological transformation in India: the debate between appropriate and frontier technologies

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“…So, the research concludes that the 'economic theory' is the most relevant theoretical basis for consumer protection today. Promoting economic productivity and safeguarding wealth for the benefit of future generations is at the heart of the principle of "economic philosophy" (Khadria, & Mishra, 2022). Contract law has thus transformed substantially to accommodate instantaneous agreements and subsequent outcomes typical of today's consumer economy.…”
Section: Theoretical Frameworkmentioning
confidence: 99%
“…So, the research concludes that the 'economic theory' is the most relevant theoretical basis for consumer protection today. Promoting economic productivity and safeguarding wealth for the benefit of future generations is at the heart of the principle of "economic philosophy" (Khadria, & Mishra, 2022). Contract law has thus transformed substantially to accommodate instantaneous agreements and subsequent outcomes typical of today's consumer economy.…”
Section: Theoretical Frameworkmentioning
confidence: 99%
“…The advent of mobile technology, software technology parks (STPs), special economic zones (SEZs) and innovation hubs further fuelled the growth (Salzman, 2000). Khadria and Mishra (2022) state that all these developments led to the creation of an environment where people engaged in nurturing technology, and therefore, a large number of private and public technological institutions, such as IITs, polytechnics and industrial training institutes (ITI), were also started, which made the technology accessible to the common man (Majumdar, 1989). After economic reforms, a series of further economic developments took place that were primarily driven by technological upgradations and innovations.…”
Section: India's Technological Transformation and Its Changing Global...mentioning
confidence: 99%
“…Later on, the National Broadband Policy, 2004, brought optical fibre and terrestrial wireless technologies in India. The BPO sector flourished, followed by the trend of new technologies and mass marketing introduced by the Science and Technology Policy in 2003 and its revision in 2020 (Khadria & Mishra, 2022).…”
Section: India's Technological Transformation and Its Changing Global...mentioning
confidence: 99%