Managing Technology and Innovation among Entrepreneurs in Tamil Nadu

This study highlights the importance of technology-based entrepreneurship as a strategy for industrialization and technological development. Exploratory in nature, the study describes the general context for entrepreneurship in the evolving economies of State of Tamil Nadu in India. Specifically it probes the positive engagement of the private sector in sustaining the drive toward technological entrepreneurship in the region. Using the scheme developed by the Organization for Economic Cooperation and Development (OECD) of classifying industries according to their degree complexity and knowledge intensity, the study suggests another way of looking at the issue of technological development. The study revealed that entrepreneurship and technological developments are attracting increasing attention in the region, but that the necessary supportive educational measures are either absent or weak. The evidence is that the private sector is as active as the public sector in the processes of industrialization and technological development Decision-makers are called upon to boost public and private innovation initiatives, and to place an appropriate emphasis on entrepreneurship learning for all. This study heads some light on the efforts of the private sector in Tamil Nadu to close the technological gap with other states in the Country.