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R&D in Indian public enterprises: An assessment

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  • Ghosh, Saibal

Abstract

Using data on a large sample of public companies in India for 1987-2005, the findings indicate that increases in firm size are likely to be associated with increase in R&D up to a threshold. The evidence is also supportive of the fact that both the intensity of R&D as well as innovation activity is lower for leveraged firms. Finally, the findings fail to discern any significant improvement in R&D intensity in the post-reform period; although there is a noticeable decline in innovation activity after reforms. Privatization does not seem to have exerted any perceptible influence on R&D behaviour of public firms

Suggested Citation

  • Ghosh, Saibal, 2006. "R&D in Indian public enterprises: An assessment," MPRA Paper 32073, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:32073
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    File URL: https://mpra.ub.uni-muenchen.de/32073/1/MPRA_paper_32073.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    R&D intensity; innovation activity; leverage ratio; Tobit model; privatization; India;

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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