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Role of Technology Management in Development

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Driving the Economy through Innovation and Entrepreneurship
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Abstract

The governments and development agencies around the world have focused on achieving development by targeting on poverty reduction for more than two decades. Development, however, is multifaceted and goes beyond increases in income levels to incorporate human welfare by enhancing people’s choices and their substantive freedoms by providing both social and economic opportunities. While poverty is widespread in India, a study done by Oxford Poverty and Human Development Initiative concludes that Uttar Pradesh state had the fifth last Multidimensional Poverty Index rank in 2007 in the Indian states having 69.9% of its total population living under poverty. Lucknow District, taken up as the study area, demonstrates that due to technological disparities, infrastructural lags and lack of economic and social opportunities in the rural areas, the city becomes a hub for immigration. Government with the help of private enterprises, management agencies and NGOs can directly aid the situation through technology management projects, targeted at the grass roots and then upscaled, that can be beneficial in enhancing income opportunities through capacity building and focused knowledge dissemination, resulting in standardised, consistent and quality production, while the intervention of the private sector for these setups can be utilised for infrastructure provisions against the profit incentives, thereby resulting in a better quality of life, higher economic choices and higher income levels of the rural inhabitants.

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Correspondence to Niruti Gupta .

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© 2013 Springer India

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Gupta, N., Devadas, V. (2013). Role of Technology Management in Development. In: Mukhopadhyay, C., et al. Driving the Economy through Innovation and Entrepreneurship. Springer, India. https://doi.org/10.1007/978-81-322-0746-7_10

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