R&D in Indian public enterprises: An assessment

Ghosh, Saibal (2006): R&D in Indian public enterprises: An assessment. Published in: Science Technology and Society , Vol. 16, No. 2 (2011): pp. 177-190.

Abstract

Using data on a large sample of public companies in India for 1987-2005, the findings indicate that increases in firm size are likely to be associated with increase in R&D up to a threshold. The evidence is also supportive of the fact that both the intensity of R&D as well as innovation activity is lower for leveraged firms. Finally, the findings fail to discern any significant improvement in R&D intensity in the post-reform period; although there is a noticeable decline in innovation activity after reforms. Privatization does not seem to have exerted any perceptible influence on R&D behaviour of public firms

• Item Type: MPRA Paper
• Language: English
• Keywords: R&D intensity; innovation activity; leverage ratio; Tobit model; privatization; India
• Subjects: E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E22 - Investment ; Capital ; Intangible Capital ; Capacity; C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C23 - Panel Data Models ; Spatio-temporal Models

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