National Innovation System of India

An Empirical Analysis

Bibliographic Data

ID13083124
AuthorsSwati Mehta (0000-0003-4023-113X, Guru Nanak Dev University, corresponding author)
Year2018
Volume9
Issue2
Pages203-224
Publication date2018-08-01
Open AccessYes
TypeARTICLE
VenueMillennial Asia (JOURNAL)
Journal identifiersISSN: 2321-7081 • E-ISSN: 0976-3996
PublisherSAGE Publishing (PUBLISHER • US)
DOI10.1177/0976399618786343
OpenAlexW2887441208
LanguageEN
Citations received2
References cited23

The present article aims to analyse empirically the national innovation system (NIS) of India. Specifically, the objectives were to (a) examine the different innovation-related input and output variables that reflect the structure of NIS over the years, and (b) examine the factors determining NIS. However, it was very difficult to identify the variables that could reflect the NIS of the country. Individual indicators of innovation, both from input and output side, are largely inconclusive. However, relatively more reflective indicators were chosen for the period 1980–2012. It was found that although India’s GDP has increased over the years, but its share in total world’s GDP was very meagre. Further, it was also found that as compared to major developed and comparable emerging economies, India lagged behind in both innovation inputs variables like expenditure on R&D and S&T manpower; and innovation output indicators like patents, proportion of high-tech manufacturing exports, etc. Further, for the second objective of the article concerning the determinants of NIS, a modified version of the Crepon, Duguet and Mairesse (CDM) model (1998) was used. The estimation using three-stage least square (3SLS) estimator for simultaneous equations shows that expenditure on R&D by government, stock of science and technology personnel, world’s stock of patents and openness index have positive impact on innovation performance indicators. Therefore, policies should be framed in a manner that they emphasize more on innovation inputs like expenditure on R&D and building human capital in the form of S&T personnel

Classical economics · Econometrics · Economic growth · Economics · Economy · Emerging markets · Estimation · Human capital · Human development (humanity · Human Development Index · Index (typography · Macroeconomics · Management · National innovation system · Openness to experience · Stock (firearms · Economic and Technological Innovation · Economic Growth and Productivity · Engineering · Global trade and economics

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