Authors :
Nandini; Dr. Manoj Dolli
Volume/Issue :
Volume 9 - 2024, Issue 3 - March
Google Scholar :
https://tinyurl.com/s4p8c68v
Scribd :
https://tinyurl.com/45ad84sx
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24MAR1630
Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.
Abstract :
The flow of FDI into R&D was significantly
associated with innovations. Which can give positive
strength in the economic growth by encouraging
employment, production, inventions, etc. To account this
study has taken secondary data set over 20 years from
2003 to 2022 in major countries across the World. Study
has observed major flow of FDI into R&D have seen in
India, China, US, England, and Spain. However, the flow
is declining over a period in China than India and others
have faced increasing trend. In India higher flow of
capital observed in southern states, which is higher in
Karnataka, Maharashtra, Telangana, Andhra Pradesh,
and Tamilnadu. India has received massive expenditure
of FDI into R&D in 2022 than US also. Along with that,
India stands in the first place at exports with 26.6 percent
but even not found under top importer of R&D products.
From the estimation of India's Productive Capacity Index
(PCI), FDI and R&D in India was focusing highly on
structural change, institutional activities, private sector
growth, energy sectors development.
Keywords :
Capital, FDI into R&D, Inventions, and PCI.
References :
- Mrinalini. N., and Sandhya. G. D. (2011): Impact of FDI in R&D on Indian R&D and Production System. National Institute of Science, Technology and Development Studies (CSIR-NISTADS) New Delhi 2011; VOL.,105, NO.6, 25 SEPTEMBER 2013.
- Subhash. Sasidharan and Vinish. Kathuria (2011): Foreign Direct Investment and R&D: Substitutes or Complements—A Case of Indian Manufacturing after 1991 Reforms, World Development Vol. 39, No. 7, pp. 1226–1239, 2011 2011 Elsevier Ltd. All rights reserved 0305-750X/$ - see front matter doi:10.1016/j. worlddev.2010.05.012.
- Reji K. Joseph, Biswajit Dhar & Akoijam Amitkumar Singh (June 2019): FDI in R&D in India: An Analysis of Recent Trends. ISID Institute for Studies in Industrial Development 2019, Institutional Area, Vasant Kunj Phase II, New Delhi ‐ 110 070, F21, p30-34, L60.
- Han-Sol Lee, Yury N. Moseykin, Sergey U. Chernikov (December 2021): Sustainable relationship between FDI, R&D, and CO2 emissions in emerging markets: An empirical analysis of BRICS countries, Russian Journal of Economics 7 (2021) 297–312. JEL classification: C01, O19, p33, p45. DOI 10.32609/j.ruje.7.77285.
- Vinish Kathuria (August 2008): The impact of FDI inflows on R&D investment by medium- and high-tech firms in India in the post-reform period. Transnational Corporations 2008, Vol. 17, No. 2 (August 2008).
The flow of FDI into R&D was significantly
associated with innovations. Which can give positive
strength in the economic growth by encouraging
employment, production, inventions, etc. To account this
study has taken secondary data set over 20 years from
2003 to 2022 in major countries across the World. Study
has observed major flow of FDI into R&D have seen in
India, China, US, England, and Spain. However, the flow
is declining over a period in China than India and others
have faced increasing trend. In India higher flow of
capital observed in southern states, which is higher in
Karnataka, Maharashtra, Telangana, Andhra Pradesh,
and Tamilnadu. India has received massive expenditure
of FDI into R&D in 2022 than US also. Along with that,
India stands in the first place at exports with 26.6 percent
but even not found under top importer of R&D products.
From the estimation of India's Productive Capacity Index
(PCI), FDI and R&D in India was focusing highly on
structural change, institutional activities, private sector
growth, energy sectors development.
Keywords :
Capital, FDI into R&D, Inventions, and PCI.
