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Determinants of Innovation in Selected Manufacturing Firms in India

Role of R&D and Exports

Bibliographic Data

ID19450341
AuthorsK Seenaiah, Badri Narayan Rath (0000-0002-6842-4278)
Year2018
Volume23
Issue1
Pages65-84
Publication date2018-03-01
Open AccessYes
TypeARTICLE
VenueScience Technology and Society (JOURNAL)
Journal identifiersISSN: 0971-7218 • E-ISSN: 0973-0796
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/0971721817744445
OpenAlexW2782607124
LanguageEN
Citations received4
References cited51

This article examines the determinants of innovation using selected manufacturing firms in India. Our study is based on 190 manufacturing firms which were surveyed from Bengaluru and Hyderabad cities in India. The results based on panel probit model reveal that exports and R&D expenditure positively and significantly affect the innovation in case of manufacturing sector. Other key factors such as import intensity, manager’s prior experience, and conducting training sessions to the employee at firm level do positively affect the innovation activities. However, firm age and capital intensity negatively affect innovation. The results suggest the policymakers to concentrate more on export orientation policies and investing in R&D through subsidising or creating more R&D incentive projects which would significantly boost innovations in India

Business · Economics · Incentive · Industrial organization · Labour economics · Manufacturing · Manufacturing sector · Market economy · Ordered probit · Panel data · Probit model · Economic Growth and Productivity · Firm Innovation and Growth · Global trade and economics · Marketing

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Citations per year0.67
Citation span2020 - 2023 (4)
Highly citedNo

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