This book presents a comprehensive study of adoption and diffusion of technology in developing countries in a historical perspective. Combining the development of growth trajectories of the Indian economy in general and its manufacturing industry in particular, the book highlights the effective marriage between qualitative and quantitative methods for a better understanding and explaining of many hidden dynamic behaviors of adoption and diffusion trend in manufacturing industry. The use of various econometric methods is aimed to equip readers to make a judgement of the current state of...