Technology Production and Technology Purchase in Indian Industry: An Econometric Analysis
用计量方法分析印度工业企业自主研发与技术购买(如许可)的决策,发现产业结构、企业规模、所有制以及可购买的外国技术池共同影响两者的组合。
Industrial firms in low income countries face somewhat different incentives for investment in R&D than do firms in industrialized countries.In particular, they are at a competitive disadvantage with respect to selling technology upstream in the industrialized countries.Technology supplied from upstream industrial firms provides them with a strong incentive to purchase technology in various forms as opposed to engaging in their own R&D.In this study an econometric analysis of the decisions of Indian firms to invest in their own R&D and to purchase technology (through licensing agreements) is undertaken.These decisions are treated as being jointly determined by characteristics of Indian industries, Indian prices, and the supply of purchasable foreign technology.The study finds that industrial structure, firm size, and public and private ownership influence the mix of own R&D and technology purchase.The pool of purchasable foreign technology induces both increased adaptive R&D and technology purchase by Indian firms.-.