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Prof. Damodaran

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A
Damodaran

Professor
Economics
damodaran@iimb.ac.in

Professor Damodaran did his doctoral studies in Economics and has held academic and professional assignments abroad, including visiting faculty positions. He was Environmental Fellow with the US Environmental Protection Agency (USEPA) and a Visiting Scholar at the University of California at Berkeley under the US-Asia Environment Programme in 1994. He has also held Visiting Faculty positions at the University of Bonn, Germany, Institute of Developing Economies, Japan, University of Wageningen, Netherlands, and the Graduate School of Management, St Petersburg State University in Russia. In 2012 he was appointed Visiting Fellow at the United Nations University – Institute of Advanced Studies, Japan. As a Scholar in Residence at the University of North Carolina, Chapel Hill, USA in 2015 he worked on the convergence on Environmental Economics and Cultural Economics.

Apart from his work on Environmental and Climate Financing Damodaran led the initiative on Biodiversity Financing for the United Nation’s Convention on Biological Diversity (CBD) in 2011 which has morphed into the UNDP driven BIOFIN Project. Since 2015 he has been the Chairperson of the GOI Technical Advisory Committee of BIOFIN India. He has also been involved with analysis of the economics of distributed network technologies (crypto currency and crypto tokens generated through Blockchains and IoT based platforms) and has written on these topics and provided industry level inputs.

He was part of India’s delegation to CBD to negotiate Biodiversity Financing issues in COP 11.

Additional Information

Professor Damodaran’s research areas cover Environmental Economics and Financing, Cultural Economics, IPR Economics with reference to Transfer of Technology, Global Commons Management and Distributed Network Technologies. He has several peer-reviewed publications in these domains and is the author of two single authored books. 

Prof. Damodaran has worked on financial issues for a wide range of environmental subjects with a number of international and national organizations, including the Climate and also on Biodiversity Financing Strategy for India, a project funded by the National Biodiversity Authority of India (2011-2012) and is currently the Chairperson of the Technical Advisory Committee for UNDP assisted BIOFIN-GOI Project.

Also, he has been a member of the team of five experts set up by the Convention on Biological Diversity (CBD) of the United Nations to assess the financial requirements for the Global Environmental Facility’s seventh replenishment. He was a member of the CBD's High Level Panel for Global Assessment of Resources for the Convention on Biological Diversity (2012-14), and a member of the team of five experts to assess financial requirements for the GEF-6 replenishment period (2011-13).

In addition he has served as a 'Economics of IP and International Technology Transfer', originally commissioned by the WIPO, has been listed as a WIPO document and considered by WIPO's high level Committee on Development and Intellectual Property (CDIP) at its Fourteenth Session in Geneva, November 2014. This work has been extended to the Defence Production industry in relation to Technology Transfer and Offset regimes.

Currently he works on applications of distributed network technologies (Blockchains and Cryptocurrencies) to global commons problems of climate change and biodiversity.

Some of his Notable publications include

BOOKS:

  • Damodaran A  (2022):  Managing Arts in Times of Pandemics and Beyond, Oxford University Press, UK.
  • Damodaran A (2010) :  Encircling the Seamless: India, Climate Change and the Global Commons,  Oxford University Press, Delhi  in 2010 (Second edition  forthcoming  2023 by Oxford University Press (UK).
  • Damodaran A  (2001) : Towards an Agroecosystem Policy for India , Tata McGraw Hill -CEE, New Delhi.

Refereed International Discussion Papers and Technical Monographs

  • Damodaran, A. (2009). “Climate Financing Approaches and Systems: An Emerging Country Perspective”. Working Paper # 8(E)-2009, St Petersburg State University, Russia.

  • Damodaran, A. and M S Suneetha. (2007) “Emerging Issues in Global Governance: Multilateral Environment Agreements and the WTO: Are Synergies Desirable?” Policy Monograph No 2, Centre for Public Policy, Indian Institute of Management Bangalore

  • Damodaran, A. (2004) ‘Economic Implications of Global Conventions and India’s Regulatory Environment on Plant Biotechnology Industry’, Research Monograph No. 393, Institute of Developing Economies, Japan

  • Damodaran, A. (2003) “Ecosystem Multifunctionality ‘- A Proposal for special and Differentiated Treatment for Developing country Agriculture in the Doha Round of Negotiations”, RIS-DP # 60/2003. New Delhi.

  • Damodaran, A. & Stefanie Engel. (2003). “Joint Forest Management in India: Assessment of Performance and Evaluation of Impacts”, Discussion Paper No 77, Center for Development Research (ZEF), University of Bonn.

  • Damodaran, A. (1992) “India's Country Report on Ozone Layer Protection”, In Country Report For Seminar on Ozone Layer Protection 1992, JICA, EA and JESC, IIC, 92-97; Japan.

  • Damodaran, A. (1990). ‘The People, the State and Participatory Management of Common and Public Natural Resources', Technical Report 62, CES, Indian Institute of Science, Bangalore.

Publications/REPORTS for World Bank & UN Organizations

  • Damodaran, A. (2014) ‘Economics of IP and International Technology Transfer’, WIPO, CDIP 14/INF/7, Committee on Development and Intellectual Property, Fourteenth Session, WPO Discussion Paper.

  • Swaminathan, M.S., A. Damodaran and A. Senthil Vel. (2008) “Valuing Ecosystem Services of Coastal Zones: Challenges for India”. Environment Matters, The World Bank.

  • Damodaran, A., (2000). “Implications of International Conventions and Opportunities for Transfer of Environmentally Sound Technologies to Developing countries”, Proceedings of Ad-hoc Expert Group Meeting on Promotion of New Forms of Financing for Transfer, Development and Application Environmentally Sound Technologies, United Nations Economic and Social Commission for Asia and the Pacific/UNAPCTT, New Delhi, 15-17 November.

  • Damodaran, A. (1995), “Investment in Clean Technologies - Economic Analysis of Regimes and Incentives" in Resources Volume for Tertiary Level Education and Training in Environmental Economics, Edited by In Hay, John et al., NETTLAP Publication No.14, United Nations Environment Programme, Regional Office for Asia and Pacific, Bangkok, pp 127 - 142.

PEER Reviewed Papers

  • Damodaran A ‘ From Non-Fungible Tokens to  Metaverse: Arts in Distributed Economies’, Journal of Innovation and Development’, Taylor &  Francis(Revise & Submit stage 2022)

  • Damodaran A and Onno van den Heuvel (accepted/forthcoming) ‘India’s Low Carbon Value Chain , Green Debt and Global Climate Finance Architecture’, IIMB Management Review,   Elsevier 

  • Damodaran, A. N, David Myers and Onno van den Heuvel (2019); ‘The Biofin approach to biodiversity conservation in urban ecosystems: The case of Bangalore in India’, Ecosystem Services, Volume 36, April 2019, Elsevier.

  • Damodaran, A. N (2018). ‘The Bitcoin Innovation, Crypto Currencies and the Leviathan’, Innovation and Development, DOI: 10.1080/2157930X.2018.1502249, Taylor & Francis.

  • Damodaran, A. N., Larry Chavis. (2017). “Nurturing UNESCO’s ‘Aged’ Infants in India: Lessons in Heritage Policy”. International Journal of Cultural Policy. Vol-23, Issue 1, 1-16, Taylor & Francis.

  • Beermann, Jan, A. Damodaran, Kirsten Jörgensen, Miranda A. Schreurs. “Climate Action in Indian Cities: An Emerging New Research Area”. Journal of Integrative Environmental Sciences, Vol13 (1) p 55-66, Taylor & Francis.

  • Damodaran, A. (2012). “The economics of coping strategies and financing adaptation action in India's semi-arid ecosystems”. International Journal of Climate Change Strategies and Management. Vol-4, Issue-4, 386-403, Emerald.

  • Damodaran A (2012). “Fiat and Forbearance: The Challenge of Capturing Plurality and Diversity in Environmental Governance”, Society and Management Review, IIMK, Sage Publishers.

  • Damodaran, A. (2009). “Risk management instruments for debt driven conservation efforts: The case of India's Project Tiger”. Ecological Economics. Vol-68, Issue-3, 625-633, Elsevier.

  • Damodaran, A. (2007). “The Project Tiger crisis in India: Moving away from the policy and economics of selectivity”. Environmental Values. Vol-16, Issue-1, 61-77, White Horse Press. 

  • Damodaran, A. (2006). “Tribals, forests and resource conflicts in Kerala, India: The status quo of policy change”. Oxford Development Studies. Vol-34, Issue-3, 357-371.

  • Damodaran, A. (2006). “Coastal resource complexes of South India: Options for sustainable management”. Journal of Environmental Management. Vol-79, Issue-1, 64-73, Elsevier.

  • Damodaran, A. (2005). “Re-engineering biosafety regulations in India: Towards a critique of policy, law and prescriptions”. Law, Environment and Development Journal. Vol- 1/1.SOAS- University of London-IELRC.

  • Damodaran, A. (2002). “Conflict of trade-facilitating environmental regulations with biodiversity concerns: The case of coffee-farming units in India”. World Development. Vol-30, Issue-7, 1123-1135, Elsevier.

  • Damodaran, A. (1993). “The endogenous management of semi-arid watersheds in Karnataka”. Journal of Environmental Management. Vol-38, Issue-3, 171-183, Elsevier.

BOOK CHAPTERS:

  • Damodaran, A., (2015). “The Co-benefit Principle and the Durban Plateform: Towards an inclusive Framework for Negotiating Climate Change Finance” in The G20 development agenda, An Indian perspective, Edited by Parthsarthi Shome, (Cambridge University Press) Ch-6. 161-182.

  • Damodaran, A., (2014). “Structuring Climate Finance for Adaptation Measures in Vulnerable Ecosystems: Lessons from India,” in Vulnerability of Land Systems in Asia, Edited by  Braimoh, Ademola K. and He Qing Huang, (Wiley-Blackwell), Ch-19, 297-308.

  • Damodaran, A., (2013). “Grand Narratives, Local Minds and Natural Disasters: Community Response to Tsunami in India” in Logic, Methodology and Philosophy of Science, Edited by Schroeder-Heister, Peter, Gerhard Heinzmann, Wilfrid Hodges and Pierre Edouard Bour, (International Union Of History And Philosophy Of Science, Division Of Logic, Methodology And Philosophy Of Science),

  • Damodaran, A., (2011). “Tsunami in India’s Shorelands – Policy implications of learning sustainability from victims”, in Sustainable Development – The Cultural Perspective, Edited by Banse, Gerhard, Gordon L Nelson, Oliver Parodi, 321-326.

OTHER SELECT PAPERS:

  • Hayami, Yujiro, and A. Damodaran (2004). “Towards an Alternative Agrarian Reform: Tea Plantations in South India”. Economic and Political Weekly: 39 (36), 3992–97. http://www.jstor.org/stable/4415498

  • Damodaran, A. and Emery Roe. (1998). “Theorising to Explain and Triangulating to Explain Away-The Art and Non-Art of Multi-Method Policy Research”. Economic and Political Weekly: Vol. 33, Issue No. 1-2.

SELECT WORKING PAPERS ON IPRs

  • Damodaran, A,  Botha,Anitha and Ganiger,Jyothi (2018): ‘Integrated Intellectual Property Rights (IPR): Framework for the State of Andhra Pradesh’, IIMB Working Paper IIMB-WP569.

  • Damodaran, A and Sundaram,M (2017):  ‘Royalty Payments on Intellectual Property: A Preliminary Analysis of the Principal Policy Issues facing India’, IIMB Working Paper IIMB-WP562.​

  • Damodaran, A. (2014). “Economics of IP and International Technology Transfer”, WIPO,CDIP 14/INF/7, Committee on Development and Intellectual Property, Fourteenth Session, WPO Discussion Paper.

  • Damodaran, A. (2010). “Carbon di Oxide Capture and Storage: Intellectual Property Rights, Business Models and Multilaterlal Financing Mechanisms for Transfer of Technology- An Exploratory Analysis”, Technical Report -1/ EFGPG/2010, IIMB

  • Damodaran, A. (1999). “Regulating Transgenic Plants in India: Biosafety, Plant Variety Protection and Beyond”, Economic and Political Weekly, Vol 33(13), pp A 34- A 42.

  • Damodaran, A. (1998). “Darjeeling tea, Malabar pepper and complexity of geographic appellations”, The Planters’ Chronicle, 503–505.

OTHER PUBLICATIONS IN ARTS AND CULTURE

  • Damodaran A (2020):’ ‘Where Nothing is Everything – A Comparison of Japan’s Noh Theatre with its Indian Counterpart’, WORKING PAPER NO: IIMB/IJSC/2020/003, India Japan Study Center, IIM Bangalore.

  • Damodaran, A  (2018): ‘Performing Arts: Critical Governance Issues’, IIMB Working Paper IIMB-WP562

  • Damodaran, A (2014): ‘Repertoire Management, Performance Pricing and IP Strategies in Classical Dance Theatres: Russian Ballet versus India’s ‘Kutiyattom’, ACEI 18th Meeting, International Conference on Cultural Economics, 26 June 2014, Montreal

  • Damodaran, A (2013):  “The Locus of Creativity in Classical Performing Arts: Economics and Intellectual Property in Theatre Management”, Working Paper 432/13, Research and Publications, IIMB.

  • Damodaran, A. (2011). “Sustainability Ideas in Indian Culture - Little Traditions and Post-modern Adaptations”, in Sustainable Development – The Cultural Perspective, Edited by Banse, Gerhard, Gordon L Nelson, Oliver Parodi, 109-116

  • Damodaran, A. (2008). “Traditional knowledge, intellectual property rights and biodiversity conservation: Critical issues and key challenges”. Journal of Intellectual Property Rights. Vol-13, Issue-5, 509-513.

SELECT ARTICLES IN PERIODICALS

  • Damodaran A ‘Don Quixote in India – Democratising Classical Arts and changing Artistes’, CXO Outlook, July 21,2022
  • Damodaran A , ‘ Towards a Sui-generis Crypto Money Regulation System for India’, Forbes India, 3rd December  2021
  • Damodaran A ‘ Memes and NFT trends can save heritage performing arts, Forbes India, September 9,2021
  • Damodaran A ‘Why global commodity supercycles are not good for the Paris Agreement’. Forbes India, May 14, ,2021 
  • Damodaran A, “Crush the Fear Economy”, Forbes India, April 10,2020.
  • Damodaran A, “When Gandhi Met Spinoza”, Forbes India, Feb 12, 2018.
  • Damodaran A, “The Poet of Patience”, OPEN, March 2017.
  • Damodaran A, “Root for the Outlier”, OPEN essay, September 2015
  • Damodaran A, “Raul Castro, Sitaram Yechury face a Trotskyan moment”, OPEN essay, June 2015
  • Damodaran A, “How smart is your city – Redefining the Urban Living Space”, OPEN essay, April 2015
  • Damodaran A, “Despair of the Ganges”, Forbes (Anniversary Issue), June 2012x
  • Damodaran A, “Rebirth of Japan”, Forbes, 2011

Prof. Damodaran teaches the  core  courses of Micro /Managerial Economics  and Electives that include International Relations and Security, IPR Economics and Policy; Economics of Global Commons and Sustainable Development (EGCSD).

CURRENT POSITION:

Professor & MHRD Chair on IPRs, Economics and Social Sciences Area, Indian Institute of Management Bangalore.

INTERNATIONAL ACADEMIC EXPERIENCE

  • Scholar in Residence, Kenan-Flagler School of Business, University of North Carolina, Chapel Hill, USA, under Obama-Singh Knowledge Initiative Program, (close of first quarter in  2015)
  • Visiting Faculty, United Nations University – Institute of Advanced Studies, Yokohama, Japan (2012-13).
  • Visiting Faculty, Graduate School of Management , St Petersburg University, Russia (2009-11)
  • Visiting IDPAD Scholar, University of Wageningen, The Netherlands, May – June, 2006 
  • Visiting Research Fellow, Institute of Developing Economies, Japan (April – June 2004). 
  • Visiting Fellow, Center for Development Research (ZEF), Department of Economics and Technological Change, University of Bonn, Germany (June 2003). 
  • Visiting Professor, Natural Resource Institute, University of Manitoba, Canada (2000 – 2001) 
  • US-AEP Visiting Scholar, University of California – Berkeley (1994)

In June 2011, Professor Damodaran was appointed member of the International Expert Panel, set up by the UN Convention on Biological Diversity, to advise the Convention on Biodiversity Financing in the context of the six replenishment of the Washington DC-based Multilateral Organization viz, Global Environment Facility. In 2013, he was appointed member of the high-level panel on Resource Assessment for the UN Convention on Biological Diversity which submitted its report to the Conference of Parties to the Convention in its 12th Session in Korea in October 2014. Professor Damodaran has consulted for the Government of India, including the Ministries of Finance and Environment and Forests, besides carrying out assignments for the Commodity Boards of the Ministry of Commerce. His international consultancy experience includes assignments with the World Bank, the Asian Development Bank, UNDP,UNEP, ESCAP, DFID and GIZ. More recently, his paper on the Economic Dimensions of IPRs and Technology Transfer was listed as a World Intellectual Property Organization (WIPO) document and discussed by WIPO member states in the meeting of the WIPO’s Committee and Intellectual Property (CDIP) in Geneva during November 2014.

 

Awards/ Fellowships: 

  • Dewang Mehta National Best Teacher Award in Economics 2016

  • Homi Bhabha Fellowship Awarded 2003-05, Homi Bhabha Fellowship Council, Tata Foundation, Mumbai.

  • US AEP Environmental Fellow 1994

Membership in International / National Committees 

  • Chairperson, BIOFIN Technical Advisory Group, UNDP- Government of India (2016-19)

  • Chairperson, Intellectual Property Rights Advisory Committee for the National Cultural Audiovisual Archives (NCAA), Indira Gandhi National Centre for Arts, New Delhi (2016-2017)  

  • Expert Member, International Expert Group to assess financial resources for Global Environmental Facility(GEF)-7 Replenishment  Exercise, UN Convention on Biological Diversity, Montreal, 2015-16.

  • Member, High Level Panel International Panel (HLP 2) on the Global Assessment of Resources for Implementing the Strategic Plan for Biodiversity, UN Convention on Biological Diversity, Montreal 2014-15.

  • Member, International Expert Group to assess financial resources for Global Environmental Facility(GEF)-6 Replenishment  Exercise, UN Convention on Biological Diversity, Montreal, 2011-13. 

  • Member, Expert Group on IPR Strategies for SMEs, World Intellectual Property Organisation (WIPO), Geneva (2009)

  • Chair, Advisory Committee on IPRs, Kerala State Council for Science, Technology, and Environment, Government of Kerala 2007-2009.

  • Member, High Level Task Force on Price Stabilization of Plantation Commodities - 2006 - 2007, Ministry of Commerce and Industry, Government of India.

  • Member, Expert Advisory Group on the 'UN Convention on Desertification', Ministry of Environment and Forests, Government of India - 2004.

  • Member, Expert Advisory Group on the 'Precautionary Principle Approaches to Trade and Environment', Ministry of Environment and Forests, Government of India – 2004.

  • Member, International Steering Committee, Code of Conduct for Coffee Community, GTZ - European Coffee Federation, Germany and the Netherlands 2004-2006.

 

  • PhD (Economics), University of Kerala, India
  • MA, University of Kerala, India