Demystifying the Economics of Technology: Perspectives on Development with Reflections from India

This book examines technology through economic perspectives, covering theoretical foundations, market structures, and innovation processes. It analyzes classical and contemporary economic thought on technological change, patent systems, and diffusion patterns. The study explores technology's role in development, particularly in developing countries, examines public-funded research and knowledge transfer mechanisms and includes:

• Detailed study of patent economics including intellectual property rights, optimal patent design, and system limitations
• Analysis of technological diffusion patterns, adoption strategies, and network externalities in competitive markets
• Investigation of technology's role in economic development with focus on developing countries and capability building
• Assessment of public-funded research economics and university-industry knowledge transfer mechanisms
• Case study of India's technological trajectory and emergence in the global knowledge economy

The book concludes with India's technological trajectory and emergence in the global economy, providing insights into policy implications and future directions.

This title has been co-published with Social Science Press. Taylor & Francis does not sell or distribute the print edition in India, Sri Lanka, Nepal, Bangladesh, Pakistan, and Bhutan.

Amit Shovon Ray is Professor of Economics at the Centre for International Trade & Development at Jawaharlal Nehru University, New Delhi, India. He is Development Economist, specializing in global economic issues like technology, IPR, trade and health. He was educated at Presidency College (Kolkata) and at Oxford University from where he received his D.Phil in Economics in 1988. He was elected Fellow of the Royal Society for Public Health (UK) in 2006. He has published several articles in reputed international journals and a few monographs. He served as Director, Centre for Development Studies (Trivandrum) and has been a consultant to The World Bank (Washington DC) and India’s Planning Commission.