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About The Book: The present volume is an outcome of NISTADSFICCI joint workshop on issues related to Industry Research and Development (R&D) interactions. The workshop has provided a platform of interaction between researchers in Science and Technology studies and representatives of industries. Discussions revealed that IndustryR&D interaction is actually a means to strengthen technological capabilities of a developing country. This volume, therefore, has been rechristened to highlight the technological capability aspect of developing economies. The volume addresses the issues related to: • technology transfer • human resource development, • role of technology policies, • institutionalization of industry – R&D interactions, etc. Contributions on experiences of South Korea and Latin American countries have been added to enrich the volume. The role of international development agencies in technological capability building adds the global dimension to the issues studied. The book would be of immense interest to the scholars of policy research, R&D organizations and industries of developing countries. The policy makers and planning bodies would find the experiences and analyses useful for decision making. About The Author: Shri Pradosh Nath, is working in National Institute of Science, Technology and Development Studies, (NISTANDS), New Delhi as a scientist. An economist by training, his research interest covers wide range of issues related to rural development and theoretical issues related to technological innovations, innovation Management etc. Dr. S. Visalakshi is a scientist, working in NISTANDS, New Delhi, with her Basic training in Biology, she has been involved in research related to development of Biotechnology in India, for more than a decade or so. She is particularly concentrating on issues like technology assessment, forecasting and transfer of this new technology. CONTENTS: Preface • Editors’ Note • List of Contributors • Introduction • Institutionalizatio