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100 _aShepherd, Ben
245 _aOpenness and Innovation: Firm-level Evidence from India
260 _a
_b
_c
300 _a64-75 p.
520 _aThis article uses firm-level data for India to examine the determinants of innovation activity, focusing on variables related to economic openness. Firms that export and those that import are found to be significantly more likely to engage in innovation, defined sequentially as the introduction of new products, new processes, new systems, or devotion of financial resources or time to research and development. Concretely, exporters are 22 per cent more likely to introduce a new product than non-exporters, while the corresponding figure is 66 per cent for importers. Openness to trade is, therefore, a key determinant of firm-level innovation, which is a key component of economic growth.
650 _aTrade
650 _ainnovation
650 _afirm-level data
773 0 _039936
_dNew Delhi Sage Publications India Pvt. Ltd.
_oS86647
_tSouth Asia Economic Journal; 18(1) March 2017
_x1391-5614
856 _uhttp://192.168.6.75/libsuite/mm_files/Articles/AR16359.pdf
942 _2ddc
_c8
999 _c92925
_d92925