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- Title
TECHNOLOGY PURCHASE, IN-HOUSE R&D, AND PATENTING: AN EMPIRICAL ANALYSIS OF FIRMS IN HIGH- AND MEDIUM-TECHNOLOGY INDUSTRIES IN INDIA.
- Authors
DANISH, MOHAMMAD; DHANORA, MADAN; HARISH, M. D.
- Abstract
This study examines the relationship between technology purchase, in-house R&D, and patenting activities of firms in India's high- and medium-technology industries. The study is divided into two periods, i.e., 1995–2005 and 2006–2015, based on the pre- and post-product patent amendment act, 2005. We employ a negative binomial model with fixed and random effects to estimate the impact of technology purchase over R&D and patenting activity, respectively. The estimates of the R&D equation suggest a complementary relationship between technology purchase and in-house R&D. However, the estimates of the patents equation suggest a substitute relationship between in-house and technology purchase. Further, we find an inverted U-shaped relationship between in-house R&D, technology purchase, and patenting activities. However, the interaction between in-house R&D and technology purchase positively moderates the nonlinear relationships. Lastly, our estimated result is sensitive to different industries and periods. 1 The product patent amendment act came into effect with The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPs-2005) in India.
- Subjects
INDIA; INTELLECTUAL property; FIXED effects model; RANDOM effects model; PATENTS; TECHNOLOGY transfer
- Publication
International Journal of Innovation Management, 2022, Vol 26, Issue 7, p1
- ISSN
1363-9196
- Publication type
Article
- DOI
10.1142/S1363919622500554