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R&D in Public Enterprises

An Empirical Investigation for India

Bibliographic Data

ID19450549
AuthorsSaibal Ghosh (0000-0002-8741-6951, Reserve Bank of India, corresponding author)
Year2011
Volume16
Issue2
Pages177-190
Publication date2011-07-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueScience Technology and Society (JOURNAL)
Journal identifiersISSN: 0971-7218 • E-ISSN: 0973-0796
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/097172181001600203
OpenAlexW2333136065
LanguageEN
References cited34

The paper examines the factors influencing R&D in manufacturing companies. On 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. In terms of magnitudes, increase in size by ‘10 million raises the amount of R&D, on average, increase by ‘0.3 million. 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. Privatisation does not seem to have exerted any perceptible influence on R&D behaviour of public firms

Agricultural economics · Business · Demographic economics · Economics · Management · Monetary economics · Physics · R&D intensity · Chemistry · Corporate Finance and Governance · Firm Innovation and Growth · Innovation Policy and RD

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