R&D and the overseas earnings of Indian firms

Sumit K Majumdar ()

Technology in Society, 2016, vol. 44, issue C, 104-111

Abstract: This article examines the impact of undertaking R&D, a measure of the enhancement of dynamic capabilities, on firms' overseas earnings patterns, for a panel of several thousand Indian firms, for the period from 1991–92 to 2005–06. The results show that undertaking R&D spending is associated with a significant rise in firms' average overseas earnings levels. These results point to the need for materially enhancing the very low levels of R&D undertaken by firms in India.

Keywords: Dynamic capabilities; Indian economy; Overseas expansion; Technology spending; R&D (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:eee:teinso:v:44:y:2016:i:c:p:104-111

DOI: 10.1016/j.techsoc.2015.10.002

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