An Empirical Study of the Impact of FDI, JVs and Trade on Domestic Technology Stock of India

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DOI: 10.4236/tel.2019.97146    492 Downloads   1,383 Views  

ABSTRACT

This research is an effort to empirically understand the relationship among the three modes of International Technology Transfer (ITT)—1) Foreign direct investment (FDI), 2) joint ventures (JVs) and 3) trade. A common factor as representative of technology stock is derived using a number of scientific journal publications, engineering exports, number of trademark registered and patent filed in India by native as well as foreign applicants. A simple linear regression (using ordinary least square method) is conducted on the technology stock and foreign direct investment, joint ventures and trade indicators. Results represent that FDI, JVs and trade are affecting the domestic technology stock gain. SPSS 17® is used for factor analysis and transformation of indicators. EView6® is used to make data set stationary and run regression analysis.

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Supra, B. and Kushwaha, S. (2019) An Empirical Study of the Impact of FDI, JVs and Trade on Domestic Technology Stock of India. Theoretical Economics Letters, 9, 2314-2323. doi: 10.4236/tel.2019.97146.

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