Survival and Growth Strategies for Small- and Medium-Scale Enterprises in India: A Key for Sustainable Development

Tripathi, Ravindra; Shastri, Rajesh Kumar; Agarwal, Sweta

doi:10.1007/978-81-322-0746-7_14

Cited by 1 publication

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“…On the other hand, credit constraint, lack of awareness, lack of human capital, isolation from technology hubs, and associated risk and uncertainty could be substantial hurdles in technology adoption in Indian MSMEs. There is evidence that higher cost of modern technology may force the marginal and financially unsound micro-entrepreneurs in rural areas to stay with traditional and obsolete technology (Tripathi, Shastri, & Agarwal, 2013).…”

Section: Review Of Literaturementioning

confidence: 99%

Technology Intensity and Employment in the Indian Economy

Paul

Lal

2020

Arthaniti: Journal of Economic Theory and Practice

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The article investigates the impact of technology on employment in key sectors of the Indian economy. The analysis encompasses services and manufacturing sectors. The services sectors include firms engaged in financial and non-financial segments, while manufacturing sector consists of firms engaged in production of consumer goods. The findings suggest that indicators that have affected employment in manufacturing sector are size of operations, import of capital goods and better human resource (HR) practices, while in financial services sector, the factors affecting employment are better HR policies, profitability and expenditure on Information and Communications Technology (ICT). Whereas in non-financial sector firms, import of capital goods and expenditure on training and welfare of workforce significantly influenced employment. The distinguishing finding is that association between employment creation and age of firms is negative in financial services sector, while age of firm is immaterial in manufacturing and non-financial sectors. The study uses Prowess database for the period between 2011–2012 and 2015–2016. JEL: O14, O15, O33

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Section: Review Of Literaturementioning

confidence: 99%