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International trade and R&D investment: evidence from manufacturing firms in India

机译:国际贸易和研发投资:来自印度制造公司的证据

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This paper examines the effect of international trade on firms' investment in R&D. As the theoretical literature on this is ambiguous and contingent on many industry-and firm-specific details, an empirical analysis assumes significance. The study shows that export, in general, encourages investment in innovation, while R&D promoting effect of capital goods and disembodied technology import is not widespread. The impact of import competition, the study shows, depends on domestic market structure. It promotes investment in R&D only when domestic market is highly concentrated otherwise it has negative effect. The paper, thus, brings out the conditional nature of impact of trade on investment in R&D. This result supports the recent developments in the growth literature on the relationship between product market competition and innovation.
机译:本文考察了国际贸易对企业研发投入的影响。由于有关此方面的理论文献是模棱两可的,并且取决于许多特定于行业和公司的细节,因此经验分析具有重要意义。研究表明,出口总体上鼓励创新投资,而研发对资本货物的促进作用和无形的技术进口并不广泛。研究表明,进口竞争的影响取决于国内市场结构。只有在国内市场高度集中的情况下,才促进研发投入,否则会产生负面影响。因此,本文揭示了贸易对研发投资的影响的条件性质。这一结果支持了有关产品市场竞争与创新之间关系的增长文献的最新发展。

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