Technology Upgradation for Enterprises in the Unorganised Sector: Status, Constraints & Recommendations

Liberalisation and the accompanying policy of economic reforms have created a new environment that exposes the unorganised enterprises to various vulnerabilities while at the same time providing new and greater challenges for growth and adjustment. The post-liberalisation business environment has become harsh for the unorganised sector because of increased internal and external competition. While the ability of unorganised enterprises to access existing technology and adapt it to their needs is crucial, the extent to which such enterprises innovate at their own levels is also considered critical in contributing to their productivity and growth. Technology acquisition, adaptation and innovation would not only facilitate them to move up the value chain and thus prepare them to effectively meet the challenges of a competitive environment but also create conditions for overcoming the prevailing disjunction between the organised and the small and micro enterprises.