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Technology sourcing and its determinants: A study of Basic Chemical industry in India

DSpace at IIT Bombay

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Field Value
 
Title Technology sourcing and its determinants: A study of Basic Chemical industry in India
 
Creator NARAYANAN, K
BHAT, S
 
Subject research-and-development
market-structure
firm size
innovation
opportunities
acquisition
enterprises
experience
output
technology sourcing
basic chemical
r&d
india
 
Description This paper analyzes inter-firm differences in technology sourcing for firms drawn from the Basic Chemical industry in India. Technology sourcing refers to the different methods of acquiring capabilities. The technological sources considered in the study are in-house R&D efforts, import of embodied technology, and arms-length purchase of designs, drawings, and formulae. The analysis of technology sourcing reveals that the older, the moderately integrated, and the firms with foreign presence are investing more rigorously on technological efforts than their counterparts. Higher profitability turns out to be important for import of technology than for in-house R&D. Though larger firms prefer combination of technological sources, medium-sized firms have higher propensity to invest on various technological activities. Further, the paper also analyzes the determinants of one of the major sources of technology, namely in-house R&D efforts. It appears that import of technology is complementing in-house R&D only for the subset of firms who are using multiple sources of technology. In line with the earlier studies that have examined this relationship very generally, for the sample as a whole there seems to be a substitutive relationship between import of technology and in-house R&D. Firm size and age also emerge significant in determining R&D intensity. (C) 2009
 
Publisher ELSEVIER SCIENCE BV
 
Date 2011-07-27T00:00:22Z
2011-12-26T12:52:43Z
2011-12-27T05:39:34Z
2011-07-27T00:00:22Z
2011-12-26T12:52:43Z
2011-12-27T05:39:34Z
2009
 
Type Article
 
Identifier TECHNOVATION, 29(8), 562-573
0166-4972
http://dx.doi.org/10.1016/j.technovation.2009.01.005
http://dspace.library.iitb.ac.in/xmlui/handle/10054/7054
http://hdl.handle.net/10054/7054
 
Language en