Transaction costs, technology transfer, and in-house R&D: A study of the Indian private corporate sector

doi:10.1016/0167-2681(92)90031-6

Journal of Economic Behavior & Organization

Volume 18, Issue 2, July 1992, Pages 265-271

https://doi.org/10.1016/0167-2681(92)90031-6 Get rights and content

Abstract

This paper deals with the determinants of in-house R&D, and the impact of technology transfer on R&D expenditures for a sample of firms belonging to the Indian private corporate sector listed with the stock exchanges in India. Using the transactions costs frame work it considers two modes of technology transfer, the first through the market, namely armslength purchases against lump sum payments and the second through foreign direct investments. The results indicate a complementary relationship between import of technology and R&D.

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^∗: I am grateful to Mr. Ashis Toru Dev and Miss Madhumita Lodh for their statistical assistance.

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Transaction costs, technology transfer, and in-house R&D: A study of the Indian private corporate sector

Abstract

Economic Letters

Innovation, market structure and firm size

Review of Economics and Statistics

Innovation in large and small firms: An empirical analysis

American Economic Review

The future of the multinational enterprises

Multinational enterprises and economic analysis

Sources, procedures, and microeconomic effects of innovation

Journal of Economic Literature

Explaining changing patterns of international production: In defence of the eclectic theory

Oxford Bulletin of Economics and Statistics