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R&D intensity and exports: a study of Indian pharmaceutical firms

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  • Bishwanath Goldar

Abstract

The export intensity of Indian pharmaceutical firms has increased substantially in the period after 1995 when the new, more restrictive patent regime was introduced in India. The hike in export intensity has been accompanied by an increase in R&D intensity of Indian pharmaceutical firms. The results of the econometric analysis presented in the paper indicate that increased R&D efforts of Indian pharmaceutical firms were responsible in a major way for the observed increase in export intensity. The econometric results suggest that the impact of R&D intensity on exports depends on the level of productivity already reached by the firms.

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  • Bishwanath Goldar, 2013. "R&D intensity and exports: a study of Indian pharmaceutical firms," Innovation and Development, Taylor & Francis Journals, vol. 3(2), pages 151-167, October.
    • Handle: RePEc:taf:riadxx:v:3:y:2013:i:2:p:151-167
    DOI: 10.1080/2157930X.2013.828878
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    Cited by:

    1. Pulak Mishra & Neha Jaiswal, 2017. "Impact of Mergers and Acquisitions on Firms’ Export Competitiveness," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 18(1), pages 1-20, March.
    2. Madan Dhanora & Ruchi Sharma & Walter G. Park, 2021. "Technological Innovations and Market Power: A Study of Indian Pharmaceutical Industry," Millennial Asia, , vol. 12(1), pages 5-34, April.
    3. Prajukta Tripathy & Pragyanrani Behera & Bikash Ranjan Mishra, 2023. "Study of linkages between productivity, export, and outward foreign direct investment: An empirical perspective of Indian manufacturing industries," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(2), pages 1527-1548, April.
    4. Mohd. FAYAZ & Sandeep KAUR, 2019. "An Empirical Analysis Of The Determinants Of India’S High-Technology Exports," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 19(2), pages 29-44.
    5. Shilpi Tyagi & D. K. Nauriyal & Rachita Gulati, 2018. "Firm level R&D intensity: evidence from Indian drugs and pharmaceutical industry," Review of Managerial Science, Springer, vol. 12(1), pages 167-202, January.
    6. Suresh Ramaiah & Gopal Krishna Roy, 2021. "Determinants of Exports Behaviour of India’s Agro-processing Firms: Role of Technology, Imported Raw Materials and Logistics Infrastructure," Vision, , vol. 25(2), pages 201-208, June.

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