Managing Research & Development for Core Competence Building in an Organization

Authors

  • I.P.S. Ahuja DR. I.P.S. AHUJA Reader (Mechanical Engineering) University College of Engineering, Punjabi University, Patiala - 147 002, Punjab, INDIA

DOI:

https://doi.org/10.4067/S0718-27242011000100006

Keywords:

Globalization, Technology upgradation, R&D, Innovation, Competitiveness, India

Abstract

The uncertainties due to globalization of Indian market after economic reforms have led to drastic changes in the approach of manufacturing organizations for developing various competencies to get competitive advantage. These formidable changes have left the organizations with no choice but to upgrade the existing systems, products and technologies for their survival. The external acquisition of technology in the initial stages may be desirable or even necessary in the high technology areas, but no industry can prosper in the long run unless it builds up a self reliant base for carrying out indigenization of process and product technologies. Technology upgradation has become mandatory for economic development, industrial growth, enhanced corporate image, more flexible responses, strategic self-reliance and sustained competitiveness of an enterprise. The present study is aimed at highlighting the need of R&D initiatives in Indian enterprises for harnessing competencies through indigenized R&D.

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Author Biography

I.P.S. Ahuja, DR. I.P.S. AHUJA Reader (Mechanical Engineering) University College of Engineering, Punjabi University, Patiala - 147 002, Punjab, INDIA

Dr. I. P. S. Ahuja holds a Bachelors Degree in Mechanical Engineering, Masters Degree in Industrial Engineering from Thapar Institute of Engineering and Technology, Patiala and Ph.D. in Mechanical Engineering (Total Productive Maintenance) from Punjabi university, Patiala, Punjab, India. Currently he is working as Reader in Mechanical Engineering at University College of Engineering, Punjabi University, Patiala, Punjab (India). He has number of publications in referred International / National Journals and Conferences. His main research area is Total Productive Maintenance (TPM) and Technology Management.

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Published

2011-03-02

How to Cite

Ahuja, I. (2011). Managing Research & Development for Core Competence Building in an Organization. Journal of Technology Management & Innovation, 6(1), 58–65. https://doi.org/10.4067/S0718-27242011000100006

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Section

Research Articles