This paper attempts to simultaneously study the production and impact of patenting in a less-developed country, using panel firm-level data for the period 1975-79 for India. The authors' results suggest that, despite the limited protection of intellectual property rights in India, patenting is associated with a significant increase in total factor productivity growth at the firm level. After controlling for unobserved fixed firm effects, R&D manpower appears to be the only input that significantly influences the probability of patenting. Copyright 1989 by Blackwell Publishing Ltd.
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Volume (Year): 37 (1989) Issue (Month): 3 (March) Pages: 303-14 Download reference. The following formats are available: HTML
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