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2773 items in total found

Working Papers | 1978

Developing Entrepreneurial Culture: The Place of Training Programmes

Pathak H N

The paper discusses the concept relating to entrepreneur, entrepreneurship and management. Its major focus is to relate these concepts to small industry, small businesses or small enterprises. Small enterprises resent a comprehensive universe which includes tiny and small industry and several self-employment oriented business activities. Besides, in view of raising level of employment in many developing countries, self employment offers one of the easier solutions. Another objective of the paper is to integrate the conceptual areas of entrepreneurship and management with problems of developing entrepreneurship in backward and underdeveloped regions. The role of the government and voluntary agencies is examined in this connection. The paper also emphasizes how it is necessary to develop culture for fostering entrepreneurship in various walks of life. This paper makes certain recommendation for training programmes, consultancy, related experience and counselling for entrepreneurship development.

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Working Papers | 1978

Distributive Bias of New Foodgrain Technologies and Flow of Credit

Ranade C G

The paper develops a model for analysing flow of rural credit between foodgrain and non-foodgrain sectors. It analyses the effect of alternative changes in income distribution arising out of technological changes in foodgrain production upon the direction of flow of credit between two sectors. At the same time changes in other key variables such as terms of trade and sectoral capital labour ratios are also examined.

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Working Papers | 1978

Does Futurology Have a Future in India?

Sambrani Shreekant and Dholakia Nikhilesh

A population growth rate of around 2 per cent per annum being the one certainty of India's future, predictions have varied between Malthusian nightmares and blissful utopias. The methods used for arriving at these conclusions have been just as varied in their rigour and data base. One sustained effort aspiring to a degree of seriousness has been the Second India Studies. In this article, Sambrani and Dholakia examine the studies individually and as a whole for their analytical utility and policy prescriptions. They also look into the institutional setting of the country, particularly the roles and the biases of the elites and their influence on decision-making. This leads them to posit certain propositions regarding the place and utility of futurological studies in developing societies.

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Working Papers | 1978

Stipulation and Exercise of Convertibility Options by Financial Institutions

Srivastava Uma Kant and Oza Nikhil M

The Dutt Committee suggested that when public sector financial assistance in any significant scale is provided, the project should necessarily treated as belonging to 'joint sector' with proper representation for the state. It also suggested that to bring about the concept of 'joint sector; in operation the financial institutions should insist on the whole or a part of their assistance in the form of loans and debentures being convertible into equity at their option. This study is designed to analyse their experience with respect to (i) stipulation of convertibility option (ii) decision criteria used for the exercise of option and related problems, and (iii) suggest alternative decision criteria which can incorporate risk and uncertainty involved in decision to convert or not to convert in case of profitable and loss making companies at the time of decision making. On the basis of analysis and findings several recommendation are presented to maximize gains from the exercise of convertibility options. Gains from convertibility option will, however, be limited because a large number of assisted companies which will be coming up for convertibility decision are not expected to achieve profitability or achieve profitability which is not alternative vis-a-vis lending rates. Even in case of those companies which turnout to be profitable, another constraining factor would be the large amount of holdings of investment institutions (which will continue to invest in profitable companies). This will restrict the actual amount of conversion within the total amount subject to conversion.

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Working Papers | 1978

Control of Shifting Cultivation: The Need for an Integrative Approach and Systematic Appraisal

Gupta Tirath

The paper proposes an analytical framework for assessing schemes for control of shifting cultivation. Necessary and sufficient conditions relating to per capita income, its growth rate, internal rate of return, availability of wage goods, bonus for compensating non-economic satisfaction foregone and land productivity are proposed. Several existing schemes have been examined against this broad framework. In the absence of complete data relating to these schemes, their qualitative assessment against the framework has been attempted. A forest-based scheme of commercial exploitation of bamboo plantation and processing has been proposed and found attractive at a first glance. Several general conclusions have been derived. Control of shifting cultivation will require an approach that includes a variety of programmes. Some shifting cultivation may still continue. Competencies in soil conservation, agronomy, horticulture, forestry, and processing industries are needed and a new multi-disciplinary department may be created. Above all, an approach that looks at the collectivity of people, rather than individuals, is needed for an effective use of available resources.

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Working Papers | 1978

Sales Incentive Decisions within an Attribution theory Framework

Dholakia Ruby Roy

Sales incentives are frequently used by marketers to launch new products or boost the sale of existing products. Two of the major decisions concerning the use of sales incentive are what size and what form of incentive to offer. While the objective is to influence overt purchasing behaviour, the underlying processes are of interest in explaining and predicting the magnitude of response. Attribution theory is used to provide a framework for these decisions and in understanding the process that leads to overt behaviour.

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Working Papers | 1978

Mean Variance Optimality Criteria for Discounted Markov Decision Process

Satia J K

The criteria of maximizing expected rewards has been widely used in Markov decision processes following Howard [2]. Recently considerations related to higher moments of rewards have also been incorporated by Jaquette [4] and Goldwerger [1]. This paper considers mean variance criteria for discounted Markov decision processes. Variability in rewards arising both out of variability of rewards during each period and due to stochastic nature of transitions is considered. It is shown that randomized policies need not be considered when a function of mean and variance (m - as) is to be optimized. However an example illustrates that policies which will simultaneously minimize variances for all states may not exist. We, therefore, provide a dynamic programming formulation for optimizing mi - asi for each state i. An example is given to illustrate the procedure.

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Working Papers | 1978

The Mediating Influence of Top Management Style on the relationship between External Environment and Organizational Structure: Test of Some Hypotheses

Khandwalla P N

Three styles of top management, labelled entrepreneurial, professional, and conservative, were empirically derived from cluster analysis of policies and practices data from a sample of companies. Eleven hypotheses were developed of the relationships between external environmental change and changes in certain dimensions of organizational structure, and the mediating effects of the three empirically derived styles on these relationships. A large number of predictions were supported. Implications of the findings were discussed.

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Working Papers | 1978

Concentration of Economic Power and Restrictive Trade Practices: Role of MRTP Act

Khurana Rakesh

This Paper reviews the historical background of public policy towards monopolies and restrictive trade practices, the development leading to enactment of MRTP Act in India and the impact which this Act has had on the concentration of economic power and restrictive trade practices. All the orders passed by the Government since the establishment of the Act till August 1977 in relation to concentration of economic power and all the judgements of the MRTP Commission delivered since the legislation of the Act till August 1976 have been analysed. Some results related to further concentration of economic power and role of MRTP Act, the arguments given by the applicants for approving their proposals regarding substantial expansion, establishment of new undertakings, amalgamation/mergers, acquisitions/take over as well as the arguments offered by government for approving or rejecting the proposal for the above, conditions imposed by the government while approving such proposals etc. have been reported. Some major dimensions of judgements of MRTP Commission in relation to restrictive trade practices and examination of cases of monopolistic trade practices have been outlines. Some suggestions for reorienting the MRTP Act to achieve its stated objectives and further research work needed in this area have been given.

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Working Papers | 1978

Management Training for Municipal Administration

Bhatt Anil

This paper, on the basis of some empirical evidence discusses some aspects of management applications and management training for municipal government. In particular it attempts to discuss the following questions: (1) What are the attitudes of the municipal officers towards modern management science? (2) How receptive they are to the idea of management training for municipal personnel? (3) What constraints and problems they see in this regard? (4) How do they perceive the overall environment which may have implications for management applications and training? (5) What should be the nature and scope of management training? (6) What preparation and rethinking would be needed on the part of management consultants and educators?

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