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FDI in R&D in India: An Introspection

Turkish Economic Review

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Title FDI in R&D in India: An Introspection
 
Creator POHIT, Sanjib; National Council of Applied Economic Research
BISWAS, Pradip; College of Vocational Studies, University of Delhi
 
Subject FDI; R&D; Core R&D; Manufacture; Non-core R&D.
E23; F23; L16.
 
Description  Abstract. Of late, India has emerged as an attractive destination of foreign direct investment (FDI).  Along with it, multinationals have been investing significantly in research and development in India. In this context, this paper makes an attempt to analyze salient features of FDI in R&D and makes an assessment of the gains from R&D initiatives of MNCs in India. To be specific, the paper attempts to demystify the FDI flows in R&D with a view to understand whether these types of flows would help in raising the innovation potential of India. We find that there has been a rise FDI in R&D in India. However, the rise has not been commensurate only with rise in Core R&D activities. Rather, more than 50% of the inflows in R&D by MNCs have come for non-core R&D activities. This will not help in promoting innovation culture in India and make India a global manufacturing hub.Keywords. FDI, R&D, Core R&D, India, Manufacture, Non-core R&D.JEL. E23, F23, L16.
 
Publisher Turkish Economic Review
Turkish Economic Review
 
Contributor —
 
Date 2016-09-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/TER/article/view/957
10.1453/ter.v3i3.957
 
Source Turkish Economic Review; Vol 3, No 3 (2016): September; 513-521
Turkish Economic Review; Vol 3, No 3 (2016): September; 513-521
2149-0414
 
Language eng
 
Relation http://www.kspjournals.org/index.php/TER/article/view/957/1064
 
Rights Copyright (c) 2016 Turkish Economic Review
http://creativecommons.org/licenses/by-nc/4.0