Policy Perspective Analysis of Technology Adoption in Industries

Abstract

Technology innovation offers new paradigm for economic development in the globalized world. Business sector role is significant for the development of the country. Technology adoption is very critical and risk taking decisions for the firms. Firms require greater experience and investment for undertaking technology adoption decision. This paper demonstrates the trend of technology adoption in firms of developing countries and explores industrial landscape features. The case study of Pakistan is used for analysis, it represents the developing country of Asia. The paper used the content analysis method. The key points extracted by using the Socio-economical development indicators. This study is twofold. First highlights the problems and second identify the best strategies for adoption of technology in firms by the government.