2017
DOI: 10.1007/s10490-017-9530-3
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Does business group affiliation encourage R&D activities? Evidence from India

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Cited by 22 publications
(13 citation statements)
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“…This classification of business group affiliated firms is specified in the Prowess database (Khanna & Rivkin, 2001;Komera, Lukose, & Sasidharan, 2018;Lodh et al, 2014). However, there are certain limitations in the way business group affiliation is recorded (Chittoor et al, 2015;Komera et al, 2018). Firstly, historical information about changes related to business group affiliation are not provided.…”
Section: Government Ownershipmentioning
confidence: 99%
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“…This classification of business group affiliated firms is specified in the Prowess database (Khanna & Rivkin, 2001;Komera, Lukose, & Sasidharan, 2018;Lodh et al, 2014). However, there are certain limitations in the way business group affiliation is recorded (Chittoor et al, 2015;Komera et al, 2018). Firstly, historical information about changes related to business group affiliation are not provided.…”
Section: Government Ownershipmentioning
confidence: 99%
“…Firstly, historical information about changes related to business group affiliation are not provided. However, since business groups in India are not very active in the market for corporate control, this limitation is not of significant concern (Chittoor et al, 2015;Komera et al, 2018 ). Secondly, a firm is recorded as business group affiliated even when it is the only affiliate of that business group.…”
Section: Government Ownershipmentioning
confidence: 99%
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“…An absence of disruptive innovation does not mean an absence of any innovation. Indian BG firms do more R&D than stand-alone firms (Ashwin, Krishnan, & George, 2015;Chen, Chittoor, & Vissa, 2015;Komera, Jijo Lukose, & Sasidharan, 2018;Purkayastha, Manolova, & Edelman, 2018), although not in manufacturing (Sasidharan, Lukose, & Komera, 2015), and so do BG firms in Latin America (Castellacci, 2015), South Korea (Mahmood & Lee, 2004;Mahmood & Mitchell, 2004;Kim & Lui, 2015;Lee, Lee, & Gaur, 2017), Taiwan (Hsieh, Yeh, & Chen, 2010), and elsewhere (Crespi et al, 2008). IPOs in the US are often hightech startups, and most IPOs in most countries may be new BG affiliate listings (Larrain, Sertsios, & Urzú a, 2019).…”
Section: Bgs and The Outsourcing Of Big Push Developmentmentioning
confidence: 99%
“…Moreover, this study fulfills the need to examine the influence of R&D intensity on SME performance by establishing that SMEs can have increased market performance by leveraging into R&D practice when the ownership structure isalso concentrated. EstimationofR&D intensity and its influence may lead to sample selection biases, which make the econometric modeling of R&D intensity challenging (Komera et al, 2018). We employ multiple approaches to address the sample selection bias and robustness of the result.…”
Section: Introductionmentioning
confidence: 99%