Patenting by Manufacturing Firms in India: Its Production and Impact
AbstractThis 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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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Journal of Industrial Economics.
Volume (Year): 37 (1989)
Issue (Month): 3 (March)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0022-1821
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