Summary The entry of foreign firms in India since the reforms forces domestic firms to undertake R&D activities or import technology so as to compete with them. This study examines the relationship between FDI and R&D of the domestic firms in the post-liberalization regime. The study uses...

Conventional models of multinational corporation (MNC) related spillovers in host economies assume that they derive from the technological assets created at the headquarters. Subsidiaries' activities in the host economy are not given any role in this process. In this paper, drawing on recent...

This article is an attempt to empirically analyze the technology behaviour (R&D) of the Indian Pharmaceutical Industry (IPI) during the post Trade Related Aspects of Intellectual Property Rights (TRIPS) regime. This study is based on firm level data of 424 firms belonging to the IPI for the...

This study examines the extent to which financing constraints affect the research and development (R&D) expenditure of Indian manufacturing firms during the period 1991–2011. Using dynamic R&D investment model, we find significant positive relationship between a firm's R&D expenditure and...

Conventional models of multinational corporation (MNC) related spillovers in host economies assume that they derive from the technological assets created at the headquarters. Subsidiaries' activities in the host economy are not given any role in this process. In this paper, drawing on recent...

During the recent period, we observe that many countries compete with each other to attract foreign investment. When MNCs invest in a host country, it is assumed that a part of their technology spills to the host country firms. But the empirical studies on spillover effects of FDI have failed to...

One of the most intriguing aspects of the recent empirical literature on FDI-related spillover effects is the increasing identification of mixed results. A few studies, particularly in advanced countries have found positive effects; however, a more common scenario in recent studies is the...

The role of Foreign Direct Investments (FDI) in the process of economic development is of particular relevance since they bring in some specific technological assets that are not immediately available in the host country. The literature related to the microeconomic impact of FDI has been mainly...

This study is an attempt to empirically examine the spillover effects from the entry of foreign firms using a firm-level data of Indian manufacturing industries. Firm-level data of Indian manufacturing industries is used for the period 1994?2002. We consider both the horizontal and vertical...

This study is an attempt to empirically examine the spillover effects from the entry of foreign firms using a firm-level data of Indian manufacturing industries. Firm-level data of Indian manufacturing industries is used for the period 1994–2002. We consider both the horizontal and...