Technology spillovers from foreign direct investment in the Indian pharmaceutical industry

We examine whether knowledge spillovers from MNCs' local R&D activities benefit domestic firms in the Indian pharmaceutical industry from 1980-1994. In a policy environment that restricted FDI and provided weak intellectual property protection, we find that the only significant R&D spil...

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Veröffentlicht in:Journal of international business studies
1. Verfasser: Feinberg, Susan E. (VerfasserIn)
Weitere Verfasser: Majumdar, Sumit Kumar (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 2001
Schlagworte:
Auslandsinvestition > Wissenstransfer > Pharmaindustrie > Multinationales Unternehmen > Indien > Aufsatz in Zeitschrift
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Zusammenfassung:We examine whether knowledge spillovers from MNCs' local R&D activities benefit domestic firms in the Indian pharmaceutical industry from 1980-1994. In a policy environment that restricted FDI and provided weak intellectual property protection, we find that the only significant R&D spillovers in the Indian pharmaceutical sector were between MNCs and each other. We explore the implications of our findings in light of India's economic and industrial policy goals and implementation.
Beschreibung:In: Journal of international business studies
ISSN:0047-2506