 Innovation, Productivity, Export Performance and the Investment Climate: The case of the Indian Manufacturing FirmsMarie-Ange Véganzonès and Patrick Plane () Post-Print from HAL Abstract: In this study, we use univariate instrumental estimations to study the interactions between firm-level innovation, exports and productivity in the Indian manufacturing sector. To differentiate incentives to innovate from the ability to innovate, we distinguish the inputs of innovation (R&D and training) from the outputs. Our findings highlight a virtuous circle between the three components of innovation, as well as between firms' R&D, innovation and exports. The productivity of Indian manufacturing firms is benefiting from this dynamics, as exports and innovation improve firms' TFP. With respect to the investment climate, our results suggest that differences in the environment of Indian companies contribute to their performance gaps. These results are all the more important in the context of the Make in India campaign and the weaknesses of India's business environment. Keywords: Innovation; Exports; Productivity; Investment Climate; Manufacturing 40; Firm-Level Data; India (search for similar items in EconPapers) Published in Indian Institute of Management (IIM), School of Economics Seminar, Feb 2018, Lucknow., India There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03049328 Access Statistics for this paper More papers in Post-Print from HAL |
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