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Does investment in innovation impact firm performance in emerging economies? An empirical investigation of the Indian food and agricultural manufacturing industry

R. L. Manogna, Aswini Kumar Mishra · 2021 · International Journal of Innovation Science

Summary. R&D investment significantly boosts firm growth in India's food and agricultural manufacturing sector. Younger firms benefit most from innovation spending. The study finds that exporting firms gain competitive advantages through R&D, while those importing raw materials face headwinds. Government fiscal incentives and R&D subsidies can accelerate private innovation investment and firm expansion in this emerging economy.

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Manogna, R. L., & Mishra, A. K.. (2021). Does investment in innovation impact firm performance in emerging economies? An empirical investigation of the Indian food and agricultural manufacturing industry. International Journal of Innovation Science. https://doi.org/10.1108/ijis-07-2020-0104

Details

DOI
10.1108/ijis-07-2020-0104
Countries
India
Regions
Asia
Categories
agtech, food-systems, policy
Added
2026-04-28