Strengthening the Export Competitiveness of firms in the Indian Pharmaceutical Industry
AbstractThis paper attempts to identify the factors that determine the export competitiveness of firms in the Indian pharmaceutical industry. Our findings suggest that the competitiveness of firms depends not only on firm specific advantages but also on government fiscal incentives. Among the firm specific factors, own R&D efforts emerged as one of the prime factors influencing export competitiveness. Furthermore, R&D efforts involved in the modification in process technology were more relevant than the introduction of new products, reflecting the importance of the pursuit of improvement in processes in the industryâ€™s technological trajectory. The paper argues that the government should focus on ruthless export promotion in the TRIPs driven environment.
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Bibliographic InfoPaper provided by eSocialSciences in its series Working Papers with number id:487.
Date of creation: Apr 2006
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Note: Institutional Papers
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TRIPS; export competitiveness; pharmaceutical exports; R&D; fiscal incentives; process technology; drug industry; product patents; Economics; Industry;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Andrea Bonaccorsi, 1992. "On the Relationship Between Firm Size and Export Intensity," Journal of International Business Studies, Palgrave Macmillan, vol. 23(4), pages 605-635, December.
- Baldwin, Richard & Krugman, Paul, 1989.
"Persistent Trade Effects of Large Exchange Rate Shocks,"
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MIT Press, vol. 104(4), pages 635-54, November.
- Richard Baldwin & Paul R. Krugman, 1986. "Persistent Trade Effects of Large Exchage Rate Shocks," NBER Working Papers 2017, National Bureau of Economic Research, Inc.
- Dixit, Avinash K, 1989.
"Entry and Exit Decisions under Uncertainty,"
Journal of Political Economy,
University of Chicago Press, vol. 97(3), pages 620-38, June.
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