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Market Concentration, Firm Size and Innovative Activity: A Firm-level Economic Analysis of Selected Indian Industries under Economic Liberalization

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  • Subodh Kandamuthan

Abstract

The economic liberalization in India was expected to boost the economy, particularly the industrial sector through faster technological development. The Schumpeterian hypothesis, which studies the relationship between market structure variables such as firm size and market concentration and their relationship with innovative activity, has been exhaustively tested in the context of the developed countries and India. An attempt is made in the paper to study this relationship with reference to India's economic liberalization.

Suggested Citation

  • Subodh Kandamuthan, 2002. "Market Concentration, Firm Size and Innovative Activity: A Firm-level Economic Analysis of Selected Indian Industries under Economic Liberalization," WIDER Working Paper Series DP2002-108, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:dp2002-108
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    Cited by:

    1. Krzysztof Szczygielski & Wojciech Grabowski & Richard Woodward, 2013. "External vs Internal Determinants of Firm Technology Strategy:Evidence from the Polish Services Sector," CASE Network Studies and Analyses 0454, CASE-Center for Social and Economic Research.
    2. Sunil Kumar Ambrammal & Ruchi Sharma, 2014. "R&D and patenting by firms in India in high- and medium-high-technology industries," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 12(2), pages 181-207, May.
    3. Acharyya, Rajat & Banerjee, Swapnendu, 2012. "On tariff and quality innovation in a market with discrete preferences," Economic Modelling, Elsevier, vol. 29(3), pages 917-925.
    4. Krzysztof Szczygielski & Wojciech Grabowski & Richard Woodward, 2017. "Innovation and the growth of service companies: the variety of firm activities and industry effects," Industry and Innovation, Taylor & Francis Journals, vol. 24(3), pages 249-262, April.
    5. 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.
    6. 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.
    7. Krzysztof Szczygielski & Wojciech Grabowski & Richard Woodward, 2013. "Innovation and the Growth of Service Firms:The Polish Case," CASE Network Studies and Analyses 0453, CASE-Center for Social and Economic Research.
    8. Waheed, Abdul, 2011. "Size, competition, and innovative activities: a developing world perspective," MERIT Working Papers 2011-052, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).

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