regulation, namely license requirements for certain firm activities, on the innovation performance of Indian firms. First it … panel data set, it shows that removal of license requirements led to roughly 5 percentage points faster innovation rates … where innovation is measured as introduction of new product varieties that had not existed in the market. The results are …

include measures of innovation outcomes as well as variables related to innovation effort. The main indicator of innovation … outputs is patents. The main variables related to innovation inputs are investment in research and development (R&D) and … of innovation outputs and inputs by looking at the over-time behavior of the relevant series and comparing the …