Article ID: CBB001201769

R&D in Public Enterprises: An Empirical Investigation for India (2011)

unapi

The paper examines the factors influencing R&D in manufacturing companies. On 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. In terms of magnitudes, increase in size by `10 million raises the amount of R&D, on average, increase by `0.3 million. 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. Privatisation does not seem to have exerted any perceptible influence on R&D behaviour of public firms.

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Authors & Contributors
Reihana Mohideen
Gisle Solbu
Heidrun Åm
Pankaj Batra
Yante, Jean-Marie
Marechaux, Toni
Concepts
Public policy
Research and development (R&D)
Manufacturing
Diffusion of innovation; diffusion of knowledge; diffusion of technology
Energy resources and technologies
Technology and society
Time Periods
21st century
20th century, late
20th century
Places
United States
India
Japan
New Delhi, India
South Korea
Norway
Institutions
Intel Corporation (firm)
United States. Department of Energy
Massachusetts Institute of Technology, MIT
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