{"title":"TECHNOLOGY PURCHASE, IN-HOUSE R&D, AND PATENTING: AN EMPIRICAL ANALYSIS OF FIRMS IN HIGH- AND MEDIUM-TECHNOLOGY INDUSTRIES IN INDIA","authors":"Mohammad Danish, Madan Dhanora, M. D. Harish","doi":"10.1142/s1363919622500554","DOIUrl":null,"url":null,"abstract":"This study examines the relationship between technology purchase, in-house R&D, and patenting activities of firms in India’s high- and medium-technology industries. The study is divided into two periods, i.e., 1995–2005 and 2006–2015, based on the pre- and post-product patent amendment 1 act, 2005. We employ a negative binomial model with fixed and random effects to estimate the impact of technology purchase over R&D and patenting activity, respectively. The estimates of the R&D equation suggest a complementary relationship between technology purchase and in-house R&D. However, the estimates of the patents equation suggest a substitute relationship between in-house and technology purchase. Further, we find an inverted U-shaped relationship between in-house R&D, technology purchase, and patenting activities. However, the interaction between in-house R&D and technology purchase positively moderates the nonlinear relationships. Lastly, our estimated result is sensitive to different industries and periods.","PeriodicalId":47711,"journal":{"name":"International Journal of Innovation Management","volume":" ","pages":""},"PeriodicalIF":1.3000,"publicationDate":"2023-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Innovation Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1142/s1363919622500554","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 1
Abstract
This study examines the relationship between technology purchase, in-house R&D, and patenting activities of firms in India’s high- and medium-technology industries. The study is divided into two periods, i.e., 1995–2005 and 2006–2015, based on the pre- and post-product patent amendment 1 act, 2005. We employ a negative binomial model with fixed and random effects to estimate the impact of technology purchase over R&D and patenting activity, respectively. The estimates of the R&D equation suggest a complementary relationship between technology purchase and in-house R&D. However, the estimates of the patents equation suggest a substitute relationship between in-house and technology purchase. Further, we find an inverted U-shaped relationship between in-house R&D, technology purchase, and patenting activities. However, the interaction between in-house R&D and technology purchase positively moderates the nonlinear relationships. Lastly, our estimated result is sensitive to different industries and periods.
期刊介绍：
The International Journal of Innovation (IJIM) is the official journal of the International Society of Professional Innovation Management (ISPIM). Both the IJIM and ISPIM adopt a multi-disciplinary approach to addressing the many challenges of managing innovation, rather than a narrow focus on a single aspect such as technology, R&D or new product development. Both are also international, inclusive & practical, and encourage active interaction between academics, managers and consultants.
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