Bhaumik, Sumon K.; Zhou, Ying - Institute for the Study of Labor (IZA) - 2014
Business groups, which are ubiquitous in emerging market economies, balance the advantages of characteristics such as … technological and other forms of innovativeness. In this paper, we examine, in the Indian context, whether business group … lies at the heart of wider economic growth and prosperity. Our results suggest that while business group affiliation did …