This book presents a comprehensive study of adoption and diffusion of technology in developing countries in a historical perspective. Combining the development of growth trajectories of the Indian economy in general and its manufacturing industry in particular, the book highlights the effective marriage between qualitative and quantitative methods for a better understanding and explaining of many hidden dynamic behaviors of adoption and diffusion trend in manufacturing industry. The use of various econometric methods is aimed to equip readers to make a judgement of the current state of diffusion pattern of new technologies in India and simulate a desirable future pattern in view of the various pro-industrial growth policies.

A comprehensive and rigorous study of technology adoption and diffusion in developing countries from historical perspective Presents new results in the context of India which are both policy-reflective and of fervent interest for academic research Includes the use of state-of-the-art quantitative methods with rigorous economic theory