Dynamics of firm-level technological capabilities in an LDC-a conceptual model

Specific studies are needed on firm-level technological capabilities (FTC) in less-developed countries (LDCs). Unlike macro-level issues related to FTC, which have received considerable research attention, micro-level issues are yet to receive the attention they deserve. This paper proposes a micro-level conceptual model for understanding the dynamics of FTC in the Indian capital goods sector. The model leads to several hypotheses about the nature of inter-relationships between FTC and the relevant firm-level factors.