Trade intensities and net exports earnings are analyzed in terms of the firm size, foreign shareholding, R&D, technology import, and the global size, nationality & research intensity of foreign collaborator. For pharmaceutical firms in India we find no favorable effects of large firm size or high degree of foreign ownership on the export and net export intensities. Recent years exhibit a strong tendency of merchandise imports increasing considerably with the technological imports. R&D by the firm promotes both exports and import substitution. A high research intensity of the MNE increases the affiliate's imports, without raising similarly its export intensity.
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