The regulatory environment in a country is an important factor that affects firm performance. This study investigates the impact of a particular regulation - license requirements for certain firm activities - on the innovation performance of Indian firms in the 1990s. Using a unique firm-level...

The Indian industrial policy made a major transition towards liberalisation in the mid-1980s, with the proponents of liberalisation expecting not only a general increase in the efficiency of Indian industry but also improvement in terms of innovative performance. Extensive industrial studies, as...

Moving beyond abstract economic models and superficial descriptions of the market, Beyond the Developmental State analyses the economic, political and ideological interests which underpin both the state and the market

An ongoing debate in employment policy is whether promoting small and medium enterprises creates more employment. Do small enterprises generate more employment growth than larger firms? We use the elimination of small-scale industry (SSI) promotion in India to address this question. For 60...