Technology spillovers from foreign direct investment in the Indian pharmaceutical industry

被引:157
|
作者
Feinberg, SE [1 ]
Majumdar, SK
机构
[1] Univ Maryland, Robert H Smith Sch Business, College Pk, MD 20742 USA
[2] Univ London Imperial Coll Sci Technol & Med, Sch Management, London SW7 2AZ, England
关键词
D O I
10.1057/palgrave.jibs.8490975
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
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页码:421 / 437
页数:17
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