Building Indian Multinationals: Can India ‘Pick Up the Winners’?
This paper traces the evolution of Indian industrial policy and compared it with the picking up the winners (PUW)industrial policy adopted by many industrialized and industrializing countries. The study found that Indian industrial policy still lack the sectoral and firm-level targeting which was crucial in the emergence of third country enterprises as leading global players. India must rethink its industrial strategy if it wants to build its own multinationals.
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- Mehdi SHAFAEDDIN, 1998. "How Did Developed Countries Industrialize? The History Of Trade And Industrial Policy: The Cases Of Great Britain And The Usa," UNCTAD Discussion Papers 139, United Nations Conference on Trade and Development.
- Brander, James A. & Spencer, Barbara J., 1985.
"Export subsidies and international market share rivalry,"
Journal of International Economics,
Elsevier, vol. 18(1-2), pages 83-100, February.
- James A. Brander & Barbara J. Spencer, 1984. "Export Subsidies and International Market Share Rivalry," NBER Working Papers 1464, National Bureau of Economic Research, Inc.
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