Introduction:
Knowledge when gets utilized in entrepreneurship & innovation processes,
research & development with software & product design is believed to be
one of the likely sources of growth in a global economy. The ever-increasing
importance of knowledge creates challenges as well as opportunities for
developing economies like India and alike. It becomes a challenge in the sense that
to become competitive globally, nations have to take part efficiently in knowledge-driven supply chains and markets which have now dominated the worldwide
economy. Such knowledge-driven supply chains are the links in the knowledge
process.