Foreign Technology Licensing in Indian Industry.

Recent research has shown that there appears to be real opportunities for less developed countries to obtain high yields to their investments in technoogy licensing agreements. Using a unique data set on all foreign technology licensing agreements entered into by India's largest 485 private sector firms in the industrial sector; this paper analyses important but often neglected questions on licensing agreements, and concludes that though technology licensing enhances firms' profitability, it is found having a negative effect on the net export earnings.