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标题：WHETHER FDI OR EXPORTS ENHANCE INNOVATION: EVIDENCE FROM INDIAN MANUFACTURING FIRMS, 2001-2012
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作者：Krishan SINGH ; BHATIA Sandeep Kaur
期刊名称：Revista Galega de Economía
印刷版ISSN：1132-2799
出版年度：2017
卷号：26
期号：3
页码：19-32
语种：English
出版社：Universidade de Santiago de Compostela
其他摘要：Abstract:The economic reforms of 1991 resulted in an increased inflow of FDI intotheIndianeconomy. However, for the invention of new techniques and skills, there is a greatneed to investonR&D, requires a huge amount of capital, which can be available throughFDI inflows.Technology has been imported in heavy amount after the implementationofliberalization policies.Therefore,the present study intends to knowwhether FDIcontributes to the Indian manufacturing sector through R&D or not. The average growthof the manufacturing sectorin India (7.93 per cent) has been found considerably higherduring the second decade of reforms (2001-2012) as compared to first decade reforms(1991-2000). In thecontextof this, the present study has tried toexamine the trends andpatternsof FDI and R&D in manufacturing firms of India during theseconddecade ofreforms (2001-12)andalso, to analyze the impact of FDI and exports on R&D inmanufacturing firms of India through fixed effect model. The results suggest that R&D hasbeen significantly impacted by the import of capital goods, foreign equity, disembodiedtechnology,and export intensity during the second decade of liberalization period. Thepresent study suggests that greater approvals for foreign capital inflowsare requiredinIndia, for enhancing the R&D in the manufacturing sector. There must be an appropriatecoordination between public and private sector, which can improve the R&D expenditureof manufacturing firms of India.
其他关键词：FDI; Exports; R&D; Manufacturing; liberalization; technology.