Abstract
The importance of technology for the development and competitiveness of a nation is well established. Germany during the second half of the 19th century and thereafter the USA, European countries and Japan have demonstrated a development and growth in industry as well as the competitiveness of the nation through the application of technology. The re-orientation of existing financial institutions as well as the commissioning of new ones to finance and support the commercialisation of new technologies has played a very important role. In India, the commercialisation of new technologies made a real beginning during the 1980s with the establishment of venture capital funds and a few special funding/support mechanisms during the following years. Over the years, most of VCFs have drifted away to less risky projects. However, a good number of technologies have been commercialised and a number of practices as well as experiences have emerged. The authors have completed a detailed field research study covering industrial firms, technology institutions, financial institutions and policy/decision makers as well as facilitators (sample size 480 numbers). The financial institutions related part of the study is presented in this paper.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Services Technology and Management
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
