IDEAS home Printed from https://ideas.repec.org/a/taf/ecinnt/v18y2009i4p337-352.html
   My bibliography  Save this article

R&D in Indian manufacturing enterprises: what shapes it?

Author

Listed:
  • Saibal Ghosh

Abstract

The article examines the factors influencing research and development (R&D) in manufacturing entities. Using data on a large sample of companies for the period 1995-2007, the finding indicates that large companies have a higher probability of pursuing R&D, although with lower intensity. In terms of magnitudes, a 10% increase in firm size raises R&D intensity by roughly 0.6%. Both the intensity and the probability of undertaking R&D initially declines for older firms. Outward orientation, and especially foreign currency earnings, has a significant bearing on R&D efforts. R&D efforts are also found to vary significantly across firm ownership.

Suggested Citation

  • Saibal Ghosh, 2009. "R&D in Indian manufacturing enterprises: what shapes it?," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 18(4), pages 337-352.
    • Handle: RePEc:taf:ecinnt:v:18:y:2009:i:4:p:337-352
    DOI: 10.1080/10438590801984981
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/10438590801984981
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10438590801984981?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. John Bound & Clint Cummins & Zvi Griliches & Bronwyn H. Hall & Adam B. Jaffe, 1984. "Who Does R&D and Who Patents?," NBER Chapters, in: R&D, Patents, and Productivity, pages 21-54, National Bureau of Economic Research, Inc.
    2. Sanjaya Lall, 1987. "Learning to Industrialize," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-18798-0, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ghosh, Saibal, 2009. "Productivity and Financial Structure: Evidence from Indian High-Tech Firms," MPRA Paper 19467, University Library of Munich, Germany.
    2. Ghosh, Saibal, 2016. "Banker on board and innovative activity," Journal of Business Research, Elsevier, vol. 69(10), pages 4205-4214.
    3. Pradhan, Jaya Prakash, 2011. "Regional heterogeneity and firms’ innovation: the role of regional factors in industrial R&D in India," MPRA Paper 28096, University Library of Munich, Germany.
    4. Saibal Ghosh, 2016. "Billionaire Wealth, Firm Performance and Financial Crisis: An Empirical Analysis for India," South Asian Journal of Macroeconomics and Public Finance, , vol. 5(2), pages 133-156, December.
    5. Swati Mehta, 2014. "Strategies of Technology Accumulation by Indian Pharmaceutical Firms: A Multinomial Logit Analysis," Millennial Asia, , vol. 5(1), pages 67-87, April.
    6. Harishankar Jagadeesh & Subash Sasidharan, 2014. "Do Stronger IPR Regimes Influence R&D Efforts? Evidence from the Indian Pharmaceutical Industry," Global Business Review, International Management Institute, vol. 15(2), pages 189-204, June.
    7. Ivus, Olena & Jose, Manu & Sharma, Ruchi, 2021. "R&D tax credit and innovation: Evidence from private firms in india," Research Policy, Elsevier, vol. 50(1).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Manuel Ammann & Philipp Horsch & David Oesch, 2016. "Competing with Superstars," Management Science, INFORMS, vol. 62(10), pages 2842-2858, October.
    2. Kelly D. Edmiston, 2007. "The role of small and large businesses in economic development," Economic Review, Federal Reserve Bank of Kansas City, vol. 92(Q II), pages 73-97.
    3. Wignaraja, Ganeshan, 2008. "FDI and Innovation as Drivers of Export Behaviour: Firm-level Evidence from East Asia," MERIT Working Papers 2008-061, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    4. da Motta e Albuquerque, Eduardo, 2000. "Domestic patents and developing countries: arguments for their study and data from Brazil (1980-1995)," Research Policy, Elsevier, vol. 29(9), pages 1047-1060, December.
    5. Dutrénit, Gabriela & Natera, José Miguel & Puchet Anyul, Martín & Vera-Cruz, Alexandre O., 2019. "Development profiles and accumulation of technological capabilities in Latin America," Technological Forecasting and Social Change, Elsevier, vol. 145(C), pages 396-412.
    6. Tarighi, Sina & Shavvalpour, Saeed, 2021. "Technological development of E&P companies in developing countries: An integrative approach to define and prioritize customized elements of technological capability in EOR," Resources Policy, Elsevier, vol. 72(C).
    7. Renai Jiang & Daniel L. Tortorice & Gary H. Jefferson, 2016. "Restructuring China's research institutes," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 24(1), pages 163-208, January.
    8. Fleischer, Manfred, 1998. "Patenting and industrial performance: the case of the machine tool industry," Discussion Papers, Research Unit: Market Dynamics FS IV 98-9, WZB Berlin Social Science Center.
    9. Stavins, Robert & Jaffe, Adam & Newell, Richard, 2000. "Technological Change and the Environment," Working Paper Series rwp00-002, Harvard University, John F. Kennedy School of Government.
    10. Joel Peress & jim goldman, 2016. "Firm Innovation and Financial Analysis: How Do They Interact?," 2016 Meeting Papers 531, Society for Economic Dynamics.
    11. Hall, Bronwyn H. & Oriani, Raffaele, 2006. "Does the market value R&D investment by European firms? Evidence from a panel of manufacturing firms in France, Germany, and Italy," International Journal of Industrial Organization, Elsevier, vol. 24(5), pages 971-993, September.
    12. R. Inglesi-Lotz & A. Hakimi & A. Pouris, 2018. "Patents vs publications and R&D: three sides of the same coin? Panel Smooth Transition Regression (PSTR) for OECD and BRICS countries," Applied Economics, Taylor & Francis Journals, vol. 50(45), pages 4912-4923, September.
    13. James Bessen & Robert M. Hunt, 2007. "An Empirical Look at Software Patents," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 16(1), pages 157-189, March.
    14. Rajeev K. Goel & James W. Saunoris & Xingyuan Zhang, 2016. "Intranational And International Knowledge Flows: Effects On The Formal And Informal Sectors," Contemporary Economic Policy, Western Economic Association International, vol. 34(2), pages 297-311, April.
    15. Choung, Jae-Yong & Ji, Illyong & Hameed, Tahir, 2011. "International Standardization Strategies of Latecomers: The Cases of Korean TPEG, T-DMB, and Binary CDMA," World Development, Elsevier, vol. 39(5), pages 824-838, May.
    16. Veugelers, Reinhilde, 1997. "Internal R & D expenditures and external technology sourcing," Research Policy, Elsevier, vol. 26(3), pages 303-315, October.
    17. Zvi Griliches, 1998. "Productivity, R&D, and Basic Research at the Firm Level in the 1970s," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 82-99, National Bureau of Economic Research, Inc.
    18. Saon Ray, 2014. "What Explains the Productivity Decline in Manufacturing in the Nineties in India?," Working Papers id:6280, eSocialSciences.
    19. Aouatif El Fakir, 2008. "South Korean System of Innovation: From Imitation to Frontiers of Technology, Successes and Limitations," Post-Print hal-01347728, HAL.
    20. Ciftci, Mustafa & Cready, William M., 2011. "Scale effects of R&D as reflected in earnings and returns," Journal of Accounting and Economics, Elsevier, vol. 52(1), pages 62-80, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ecinnt:v:18:y:2009:i:4:p:337-352. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/GEIN20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.