R&D in Indian public enterprises: An assessment

Saibal Ghosh

MPRA Paper from University Library of Munich, Germany

Abstract: 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. 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. Privatization does not seem to have exerted any perceptible influence on R&D behaviour of public firms

Keywords: R&D intensity; innovation activity; leverage ratio; Tobit model; privatization; India (search for similar items in EconPapers)
JEL-codes: C23 E22 (search for similar items in EconPapers)
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Science Technology and Society 2.16(2011): pp. 177-190

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/32073/1/MPRA_paper_32073.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:32073

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().