TITLE:
An Empirical Study of the Impact of FDI, JVs and Trade on Domestic Technology Stock of India
AUTHORS:
Bharath Supra, Siddhartha Kushwaha
KEYWORDS:
International Technology Transfer, FDI, JVs, Trade, Domestic Technology Stock
JOURNAL NAME:
Theoretical Economics Letters,
Vol.9 No.7,
September
26,
2019
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.