R&amp;D and patenting by firms in India in high- and medium-high-technology industries

Ambrammal, Sunil Kumar; Sharma, Ruchi

doi:10.1080/14765284.2014.900957

Cited by 17 publications

(9 citation statements)

References 49 publications

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“…This supports the importance of investment in R&D on the performance of firms. We find that the performance of foreign ownership is highly significant supplementing the earlier findings of Ambrammal and Sharma (2014) for the similar set of firms as they find that such firms are highly active in R&D and patenting. The result reports a greater influence of firm's size in the determination of their performance because in all the models these variables are positively significant.…”

Section: Impact Of Randd and Patenting On Tfpsupporting

confidence: 53%

“…To know the importance of innovation for improved firm performances, we need to understand innovation measures and performance indicators. R&D expenditure and patent counts are the acceptable measures of innovative activities at the firm level (Pakes and Griliches 1984;Griliches 1990;Danguy, de Rassenfosse, and Pottelsberghe de la Poterie 2009;Hall 2011;Ambrammal and Sharma 2014).…”

Section: Introductionmentioning

confidence: 99%

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Impact of patenting on firms' performance: an empirical investigation based on manufacturing firms in India

Ambrammal

Sharma

2015

Economics of Innovation and New Technology

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The study aims to estimate the impact of R&D expenditure and patenting on the performance of firms using productivity, profitability and Tobin's q ratio as the performance indicators. The study uses firm-level data of 489 high-and medium-technology firms during the period of 2000-2010. We employ relatively a new source of data particularly in the context of India, firm-level patent granted, that has not been explored earlier. The study finds that firms patenting result in productivity improvement of firms, whereas R&D expenditure does not. The study further finds the evidence of positive impact of patenting on financial performance of firm with significant differences between foreign and domestic firms.

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Section: Impact Of Randd and Patenting On Tfpsupporting

confidence: 53%

Section: Introductionmentioning

confidence: 99%

Impact of patenting on firms' performance: an empirical investigation based on manufacturing firms in India

Ambrammal

Sharma

2015

Economics of Innovation and New Technology

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“…Database development for analysing the impact of patents, designs and trademarks on firm performance within India could be achieved by matching domestic and international records of these IP assets to financial data for firms. Helmers and Patnam (2012) and Ambrammal and Sharma (2014) have demonstrated this is possible for patenting by firms that are recorded in the PROWESS large firm database. What is now needed is a concerted effort to monitor the use of patents, trademarks and designs by these large firms and also by MSME enterprises in the new innovation survey.…”

Section: Discussionmentioning

confidence: 96%

“…All this suggests an improvement in innovation and the use of IPRs in India's high technology sectors. A recent paper by Ambrammal and Sharma (2014) explores in detail the R&D incidence, expenditure and number of Indian patents acquired by a sample of high and medium high technology Indian firms observed from 1995 to 2010. Within their sample they classify as 'foreign' any firm that has more than 10 % of its equity in foreign hands.…”

Section: Science and Technology Policymentioning

confidence: 99%

Science, technology, innovation and IP in India: new directions and prospects

Greenhalgh

2015

Econ Change Restruct

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This paper begins by surveying recent economic studies of the relationships between technology transfer, intellectual property, innovation and diffusion in emerging countries. It applies this literature to the Indian case. India has been experiencing rapid growth and has several high technology sectors staffed by an absolutely large and highly educated middle class. At the same time an even larger share of its very big population is still working in low productivity agriculture and many of these people are living in extreme poverty. Thus it needs to innovate and grow to employ its vast army of unskilled workers. The second part of the paper outlines how industry structure and innovative performance were progressing in India following the economic reforms of the early 1990s and the changes to intellectual property law occasioned by the TRIPS agreement. In the third section the focus turns to recent science, technology and innovation policy in India. A study of the country's potential for innovation by the World Bank in 2007 argued that India must proceed on two fronts. In addition to considering how India's growth prospects can be enhanced by world leading innovations, this volume placed great emphasis on inclusive innovation. This involves mainly the diffusion and absorption of existing knowledge, but is designed to improve the lot of the poor. The World Bank report proposed a number of new policy directions aimed at speeding up innovation and technology diffusion in India.

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“…Sasidharan and Kathuria () found that FDI inflows influence R&D expenditure by the foreign‐owned firms in high‐tech industries. Jagadeesh and Sasidharan () and Ambrammal and Sharma () find positive impact of policy on patenting by firms.…”

Section: Literature Reviewmentioning

confidence: 97%

Impact of patent policy changes on R&D expenditure by industries in India

Sharma

Paswan

Ambrammal

et al. 2017

World Intellectual Property

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Emerging economies realizing the importance of innovation are taking steps to enhance their innovative capabilities. Among the tools used, institutional factor such as patent protection policy is being increasingly used by such economies, despite mixed research evidence linking patent protection policies and innovation. This study investigates the effects of patent policy changes on stimulating innovation in India. Panel data regression technique is used on data for 1989–1990 to 2009–2010. The results indicate that patent policy changes, specifically, increase in the protection duration, enforcement mechanism, and membership into international convention dimensions of patent policy have positive influence on the R&D intensity.

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R&D and patenting by firms in India in high- and medium-high-technology industries

Cited by 17 publications

References 49 publications

Impact of patenting on firms' performance: an empirical investigation based on manufacturing firms in India

Impact of patenting on firms' performance: an empirical investigation based on manufacturing firms in India

Science, technology, innovation and IP in India: new directions and prospects

Impact of patent policy changes on R&D expenditure by industries in India

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