{"title":"International trade and R&D investment: evidence from manufacturing firms in India","authors":"M. Parameswaran","doi":"10.1504/IJTG.2010.033665","DOIUrl":null,"url":null,"abstract":"This paper examines the effect of international trade on firms' investment in R&D. As the theoretical literature on this is ambiguous and contingent on many industry-and firm-specific details, an empirical analysis assumes significance. The study shows that export, in general, encourages investment in innovation, while R&D promoting effect of capital goods and disembodied technology import is not widespread. The impact of import competition, the study shows, depends on domestic market structure. It promotes investment in R&D only when domestic market is highly concentrated otherwise it has negative effect. The paper, thus, brings out the conditional nature of impact of trade on investment in R&D. This result supports the recent developments in the growth literature on the relationship between product market competition and innovation.","PeriodicalId":35474,"journal":{"name":"International Journal of Technology and Globalisation","volume":"5 1","pages":"43"},"PeriodicalIF":0.0000,"publicationDate":"2010-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1504/IJTG.2010.033665","citationCount":"14","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Technology and Globalisation","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1504/IJTG.2010.033665","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 14
Abstract
This paper examines the effect of international trade on firms' investment in R&D. As the theoretical literature on this is ambiguous and contingent on many industry-and firm-specific details, an empirical analysis assumes significance. The study shows that export, in general, encourages investment in innovation, while R&D promoting effect of capital goods and disembodied technology import is not widespread. The impact of import competition, the study shows, depends on domestic market structure. It promotes investment in R&D only when domestic market is highly concentrated otherwise it has negative effect. The paper, thus, brings out the conditional nature of impact of trade on investment in R&D. This result supports the recent developments in the growth literature on the relationship between product market competition and innovation.
期刊介绍：
The IJTG provides a refereed and authoritative source of analysis on the interactions between technological innovation and globalisation. It serves as an international forum for exchange of ideas and views on the global implications of technology for economic growth, sustainable development and international security. IJTG aims to promote communication among policy makers, experts and professionals in government, industry, academia and civil society. IJTG is co-sponsored by the Science, Technology and Globalisation Project at Harvard University"s Belfer Center for Science and International Affairs and the Science, Technology and Innovation Program, housed in Harvard University"s Center for International Development.
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