Emerging multinationals : trends, patterns and determinants of outward investment by Indian enterprises

dc.contributor.authorKumar, Nagesh
dc.date.accessioned2012-02-12T21:43:39Z
dc.date.available2012-02-12T21:43:39Z
dc.date.issued2006
dc.description.abstractThis paper has analyzed the trends, patterns and determinants of outward Investments by Indian enterprises that have increased notably since the onset of reforms. It finds that the sharp rise in outward investments since 1991 has been accompanied by a shift in geographical and sectoral focus of Indian investments. It develops an analytical framework for explaining the probability of an Indian enterprise investing abroad in an exclusive large dataset of Indian enterprises. The findings suggest that Indian enterprises draw their ownership advantages from their accumulated production experience, cost effectiveness of their production processes and other adaptations to imported technologies made with their technological effort, and some times with their ability to differentiate product. Firm size exerts a positive but a non-linear effect. Enterprises that are already in export markets are more likely to be outward investors. Finally, policy liberalization of 1990s turns out to have pushed Indian enterprises abroad.en
dc.formatTexten
dc.format.extent1 digital file (18 p. : ill.)en
dc.identifier.urihttp://hdl.handle.net/10625/48225
dc.language.isoen
dc.publisherResearch and Information System for Developing Countries (RIS), New Delhi, INen
dc.relation.ispartofRIS discussion papers; RIS-DP # 117en
dc.subjectTRANSNATIONAL CORPORATIONSen
dc.subjectTRADE LIBERALIZATIONen
dc.subjectDIRECT INVESTMENTen
dc.subjectGOVERNMENT POLICYen
dc.subjectINDIAen
dc.subjectECONOMIC INTEGRATIONen
dc.subjectTECHNOLOGICAL CHANGEen
dc.titleEmerging multinationals : trends, patterns and determinants of outward investment by Indian enterprisesen
dc.typeWorking Paperen
idrc.dspace.accessIDRC Onlyen
idrc.project.number102566
idrc.project.titlePreferential Trading Agreements in Asia : Towards an Asian Economic Communityen
idrc.rims.adhocgroupIDRC SUPPORTEDen

Files

Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
IDL-48225.pdf
Size:
686.41 KB
Format:
Adobe Portable Document Format
Description: