A Stratagem for Responsible Business in India and the US: Government Innovation or Constraint?

• Published in: Procedia, social and behavioral sciences social and behavioral sciences, 2012, Vol.37, p.490-503
• Main Authors: Agarwal, Raveesh, Thiel, Monica
• Format: Article
• Language: English
• Subjects: Competitve advantage; India; Manufacturing; Technology
• ISSN: 1877-0428; 1877-0428
• DOI: 10.1016/j.sbspro.2012.03.314

The India and US manufacturing industry is in urgent need of innovation. Globally competitive societies require a robust manufacturing industry. The contribution of government innovation and approaches is vital to increase the competitive advantage in manufacturing sector. Priority must be given to assess the role of government to provide technological innovation and advance economic growth in manufacturing industry. The purpose of writing this paper is to examine India and US government new initiatives and approaches in the manufacturing sector. This paper is based on secondary research. Existing reports related to various initiatives taken by the government of both countries and recommendations of planners/NGOs/consultants/government accountability agencies/key industry experts/ for improving the system in both countries are studied. The paper provides in-depth knowledge about India and US government's new initiatives and approaches in the manufacturing sectors and the scope for further improvement. The present paper attempts to understand the important role of the government to engage in designing and implementing manufacturing sector initiatives in both countries. This work is original and could be further extended.