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Satyal, Anu
- BUSINESS ENVIRONMENT AND INNOVATION IN INDIAN FIRMS
Abstract Views :276 |
PDF Views:138
Authors
Affiliations
1 Assistant Professor, Department of Economics, College of Vocational Studies, University of Delhi, IN
1 Assistant Professor, Department of Economics, College of Vocational Studies, University of Delhi, IN
Source
Journal of Business Thought, Vol 5, No 0 (2014), Pagination: 18-37Abstract
The present paper identifies the determinants of firm-level innovation in India using the enterprise survey data for the year 2010. Innovation is a key factor affecting firm competitiveness and performance. It has both technological and non-technological aspects and is determined by internal and external factors. Firm-specific characteristics and the domestic business environment, also termed as the national innovation systems (NIS), comprising organizations, institutions and government policy affect firm's ability and inclination to innovate. Comparisons are also made with the 2005 survey which has four different forms of innovation.Keywords
Innovation, National Innovation System, Business Environment, IndiaFull Text
- EXCHANGE RATE PASS-THROUGH IN INDIA'S EXPORT PRICES
Abstract Views :189 |
PDF Views:136
Authors
Source
Journal of Business Thought, Vol 4, No 0 (2013), Pagination: 17-37Abstract
This paper discusses the concept of exchange rate pass-through (ERPT) in export prices. Exchange rate variations affect international price-competitiveness of exports and their profitability in domestic currency terms. ERPT for exports refers to the degree to which exchange rate changes affect prices of traded goods measured in importer's currency, i.e., whether changes in exchange rates are passed on to foreign consumers or absorbed by exporters, to retain market shares, by maintaining stable prices in international markets. The choice depends on the assumptions regarding the international market structure and product differentiation. Magnitude and speed of pass-through helps understand the relation between exchange rate changes and its impact on trade balance. In this paper, we estimate the ERPT for Indian aggregate non-oil exports and find low pass-through over the long period between 1960-2007. The magnitude increases slightly in the post-1991 period in the wake of competitive currency adjustments by many developing countries. It can thus be argued that currency adjustments alone cannot bring about an adjustment in current balance. There is a need to pay attention to commodity mix and aspects of non-price competitiveness to improve shares in world exports.Keywords
Exchange Rate Pass-Through, India, Pricing to MarketFull Text