The Impact of Foreign Ownership on Research and Development Intensity and Technology Acquisition in Indian Industries
The Impact of Foreign Ownership on Research and Development Intensity and Technology Acquisition in Indian Industries

Author: Aradhna Aggarwal

Publisher:

Published: 2018

Total Pages: 26

ISBN-13:

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This study examines how interfirm heterogeneities in modes of technology acquisition and technology intensities are linked to firm ownership in India using a panel data set of about 2,000 firms listed on the Bombay Stock Exchange for the period 2003-2014 drawn from the Prowess database of the Center for Monitoring Indian Economy. Foreign ownership is categorized according to the level of control exercised by foreign firms as defined under the Companies Act of India. A comparative analysis of domestic and different categories of foreign firms was conducted for two time periods: (i) the global boom period of 2004-2008, and (ii) the post global financial crisis period of 2008-2014. A horizontal cluster analysis of 3-digit, industry-level data shows that foreign firms cluster in high-technology industries. The propensity score matching analysis, however, reveals that in a matched sample of foreign and domestic firms, majority-owned foreign firms spend less on research and development and more on technology transfers than their local counterparts, demonstrating that the level of equity holdings by a foreign firm matters. There is little evidence of the global financial crisis affecting the relocation of research and development activities to India. An alternative assessment based on panel data regression analysis confirms these findings and validates the propensity score matching results.

Globalization of Indian Industries
Globalization of Indian Industries

Author: Filip De Beule

Publisher: Springer

Published: 2015-11-07

Total Pages: 222

ISBN-13: 9811000832

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This book focuses on Indian manufacturing industries and analyses the impact of inward foreign direct investment on the domestic sector on the one hand, and exports and outward foreign direct investment by Indian companies on the other. Although the emphasis is mostly general, specific industries, such as the automotive industry or the wind energy sector are also explored. The differences between low and high technology industries are also addressed. In terms of theoretical setting and analysis, the book draws both from international business and industrial organization literature. The various characteristics of Indian industries, such as the determinants and impacts of R&D, the effects of spillovers, the drivers of productivity and technical efficiency are thoroughly researched employing appropriate quantitative methodologies that are relevant to the specific domain and topic under investigation. The book also focuses on the bearing of policy on promoting manufacturing industries in India and is therefore of interest to researchers, industrialists and policy makers alike.

FDI, Technology and Innovation
FDI, Technology and Innovation

Author: N. S. Siddharthan

Publisher: Springer Nature

Published: 2020-03-13

Total Pages: 257

ISBN-13: 9811536112

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This book concentrates on major changes that are now taking place in the fields of technology, foreign direct investment (FDI), trade and development strategies, with a particular focus on India. Arguably, these changes are likely to differ from those that the world has experienced over the past few decades; in particular, now that many countries have globalised their economies. The book begins by reviewing the changing pattern of FDI flows and technologies among developed and emerging economies, before identifying the determinants of this change by presenting specific studies on Indian industries. It then addresses key questions such as: How are knowledge spillover mechanisms operationalised, and what are the implications of the internationalisation of the IPR process? The role of FDI is also analysed in order to make policy recommendations for fostering innovation in emerging economies like India. The respective chapters examine the process through which technological paradigm and trajectory shifts are taking place, the factors that facilitate such shifts, the changing pattern of FDI, and the shifting focus of international trade and development strategies – four broad themes that are interrelated and mutually reinforcing. The book offers important takeaways for all social scientists, technologists and business schools interested in Indian studies; it will also benefit researchers whose work involves development economics, industrial organisation and technology, and the economy / society interface.

Technology Transfer and In-house R&D in Indian Industry
Technology Transfer and In-house R&D in Indian Industry

Author: Binay Kumar Pattnaik

Publisher: Allied Publishers

Published: 1999

Total Pages: 446

ISBN-13: 9788170239390

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Edited version of papers presented at the National Seminar on Problems and Challenges of Technology Transfer, In-House R&D for Indian Industry in the 1990s, held at Mumbai during 22-24 January 1996.

Global Players and the Indian Car Industry
Global Players and the Indian Car Industry

Author: Jatinder Singh

Publisher: Taylor & Francis

Published: 2018-09-03

Total Pages: 179

ISBN-13: 0429825285

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This book is one of the first critical analyses of the automobile industry in India. It studies the sector in general and the passenger car industry in particular, and provides valuable insights into the operation of Foreign Direct Investment (FDI) companies in a technology-intensive industry under changing economic regimes. The volume underlines the influence of the changing nature of foreign investment, the impact of economic reforms, technology regimes and industrial policy on growth, structural changes and development. It offers a detailed account of the trade performance of manufacturers in India’s passenger car industry. It also looks at successful cases to draw policy lessons towards encouraging quality FDI and developing India as a base for world production. A useful addition to industry studies in India, this book with its wide coverage and contemporary analyses will interest scholars and researchers of economics, Indian economy and industrial policy, industrial economics, automobile industry and manufacturing sector, development economics and international economics. It will also appeal to policymakers, practitioners and industrial associations.

Foreign Participation in U.S. Research and Development
Foreign Participation in U.S. Research and Development

Author: National Academy of Engineering

Publisher: National Academies Press

Published: 1996-07-05

Total Pages: 205

ISBN-13: 0309050952

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During the past decade, foreign participation in U.S. research and developmentâ€"through acquisition of R&D-intensive businesses, links with universities, and other arrangementsâ€"has expanded rapidly. This emergence of foreign influence has drawn a mixed responseâ€"some regard the trend as a positive corollary to the expanding involvement of U.S.-owned companies in national markets abroad. Others consider it a net liability for Americans that often benefits foreign companies and their home economies at U.S. expense. There exists a large gap in expert and public understanding of the drivers, nature, and consequences of foreign participation in the nation's technology enterprise. This volume seeks to close this gap and reviews: The nature of R&D activities and how they contribute to economic development. The causes, scope, and nature of foreign involvement in U.S.-based R&D activity and the associated costs, risks, benefits, and opportunities of this trend. The merits and liabilities of policies to regulate foreign R&D participation.