In the context of various policy initiatives made during the last two decades to reform the Indian economy in general and corporate sector in particular, the present paper attempts to assess how the firms have responded to these policy measures and the resultant changes in the business...

The relationship between market concentration and innovative efforts by firms has attracted a lot of attention by researchers. However, a consensus is yet to emerge on the conceptual underpinnings and empirical manifestations of this relationship. While Schumpeter (1942) argued that existence of...

Several studies have explored the determinants of firms' innovative efforts, but a consensus on the conceptual underpinnings and empirical manifestations of these determinants is yet to emerge. This paper attempts to understand the role of several factors in determining inter-industry variations...