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Economic liberalisation and R&D and innovation responses of Indian public and private sector industries

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  • Pulak Das

Abstract

Based on published secondary data, the study found that R&D and innovation responses of Indian public and private sector industries were similar in certain areas while they were quite different in certain other areas. Following economic liberalisation, growth rates of annual expenditure for in-house R&D of private sector industries increased but that of public sector industries came down. Barring a few exceptions, the R&D intensity of most industries decreased. The total annual innovation output of both public and private sectors came down after economic liberalisation. However, these changes in the rate of annual output of different types of innovations have been different for public and private sectors. Following economic liberalisation, there are signs of different only comparative advantages of R&D of public and private sector industries for the development of different types of innovations.

Suggested Citation

  • Pulak Das, 2004. "Economic liberalisation and R&D and innovation responses of Indian public and private sector industries," International Journal of Management and Decision Making, Inderscience Enterprises Ltd, vol. 5(1), pages 76-92.
    • Handle: RePEc:ids:ijmdma:v:5:y:2004:i:1:p:76-92
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    Cited by:

    1. Dau, Luis Alfonso & Moore, Elizabeth M. & Kostova, Tatiana, 2020. "The impact of market based institutional reforms on firm strategy and performance: Review and extension," Journal of World Business, Elsevier, vol. 55(4).
    2. Anil Nair & Orhun Guldiken & Stav Fainshmidt & Amir Pezeshkan, 2015. "Innovation in India: A review of past research and future directions," Asia Pacific Journal of Management, Springer, vol. 32(4), pages 925-958, December.
    3. Alvaro Cuervo-Cazurra & Luis Alfonso Dau, 2009. "Structural Reform and Firm Exports," Management International Review, Springer, vol. 49(4), pages 479-507, September.

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