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R&D and the overseas earnings of Indian firms

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  • Majumdar, Sumit K.

Abstract

This article examines the impact of undertaking R&D, a measure of the enhancement of dynamic capabilities, on firms' overseas earnings patterns, for a panel of several thousand Indian firms, for the period from 1991–92 to 2005–06. The results show that undertaking R&D spending is associated with a significant rise in firms' average overseas earnings levels. These results point to the need for materially enhancing the very low levels of R&D undertaken by firms in India.

Suggested Citation

  • Majumdar, Sumit K., 2016. "R&D and the overseas earnings of Indian firms," Technology in Society, Elsevier, vol. 44(C), pages 104-111.
    • Handle: RePEc:eee:teinso:v:44:y:2016:i:c:p:104-111
    DOI: 10.1016/j.techsoc.2015.10.002
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