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

Subodh Kandamuthan

No DP2002-108, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

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.

Keywords: Austrian school of economics; Business enterprises; Technological innovations; Management (Technological innovations); Research (Technological innovations) (search for similar items in EconPapers)
Date: 2002
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