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MBA Review Magazine:
India in the Field of Research and Education
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This article discusses the importance of science and engineering in management at the international level, along with other functional areas like strategy with its aspects like network, power and sustainable competitive advantage through innovations in science and technology. As such, the article does an Institutional Analysis of India with respect to Research and Education in the global nanotechnology scenario while examining the research and education institutional structures and their inter linkages worldwide that create an ecosystem where innovation thrives.

 
 
 

Nanotechnology is the next big leap in technology after the computer era. No doubt, today, Nano is perhaps considered a statement and a symbol for the next jump of innovation and technology, which almost always provides opportunities for risk takers and entrepreneurs to completely change the rules of the game and alter the existing structures of power and influence. Since the 17th century industrial revolution, it is in these crucial innovation and technology areas that have enabled the western world to steadily lead the rest of the world, giving it what it enjoys today – unlimited power of leverage over the entire world.

The article look at both, a very broad level, and at the level of countries and the educational institutions designed by them to try and understand how these countries consistently dominate such periods of tremendous potential for change. In the process, the article comes up with some insights and possible changes at the institutional level for our country. This article examines nanotechnology as an example of how those countries in power today sustain their leadership through the symbiotic associations of domestic institutions and a strategic international vision which hold close the fundamental power of innovation to generate entirely new industries.

No doubt, such changes are incremental and evolutionary in nature, but the paradox in such incremental, as well as evolutionary, changes is that it brings along with it both the creation and destruction of jobs and in time define, new rules of the game. So, even if 25% of the efforts of nanotechnology take a concrete shape within the next two decades, the countries which are the leaders in this field will create new games with new rules. This is innovation, and the focus of article is to look behind the institutional structures and linkages worldwide that create an ecosystem where innovation thrives, specifically on the research and education institutions and their inter linkages.

If we look back at the first half of the last century, we can see that the growth and dominance of the information technology industry by a country like the US is largely due to government support and funding provided to it. It is for this reason that we look at some of the shortcomings in this area in India which may cost it the chance to be among the leaders in this next generation of innovation. While one cannot ignore the term coolie (by Bill Gates on his recent visit to India) for our current IT industry employees, the reality is even the best research brains had always been drained and perhaps will continue to do so. Given this constraint, the findings of the article are presented, based on the nanotechnology institutions research study, funding initiatives and knowledge networks around the globe.

 
 
 

MBA Review Magazine, Nanotechnology, Symbiotic Associations, Business Management, Information Technology Industry, Global Leadership Blocs, Intellectual Property Rights, IPRs, Asian Market, Nanotechnology Research Association, Medical Applications, Multidisciplinary Strategies, Industrial Sectors, Public Sector Banks.