China and India reported highest growth in high-tech exports for the past two decades (World Bank) and hence are increasingly becoming the countries to file for protection of intellectual property. This paper examines whether there is a delay in time to grant of a patent when applied by domestic...

We examine the effect of social policies on corporate innovation using India’s mandatory Corporate Social Responsibility (CSR) regulation. This regulation mandates firms with pre-tax profits above a certain threshold to spend 2% of the profits on CSR. We demonstrate a significant bunching of...