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VOL. 7, ISSUE 2 (2025)
Role of international joint ventures in promoting technology transfer and innovation from an Indian perspective: Evidence from emerging economies
Authors
Seemant Darbari, Dr. Rashmi Pal
Abstract
Joint venture is a business deal between two
or more organizations focused on a specific project. This work examines the
importance of international joint ventures (IJVs) as means to speed up
technology transfer and innovation in India, which is becoming more technological.
With more Indian involvement in global affairs, these joint ventures offer a
way to bring advanced and learned technologies from developed nations to local
businesses. In today's rapidly changing knowledge-driven industries,
organizations cannot depend solely on internal information. In simple terms,
they engage in external relationships to find new ways for innovation. This
study explains how international joint ventures support technological progress
in developing countries and assesses the technology innovation impacts on
Indian companies specifically. It shows how Indian businesses use joint
ventures to overcome local research and development (R&D) limitations and
obtain advanced knowledge and foreign resources to enhance innovation. This analysis
aims to highlight the tasks related to technology transfer and innovation and
the factors that limit the success of these partnerships for better
understanding.
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Pages:9-16
How to cite this article:
Seemant Darbari, Dr. Rashmi Pal "Role of international joint ventures in promoting technology transfer and innovation from an Indian perspective: Evidence from emerging economies". International Journal of Commerce and Economics, Vol 7, Issue 2, 2025, Pages 9-16
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