We study the effect of stronger patent protection on innovation activities of firms and firm-product level markups …. Relying on cross-industry differences in the use of patents, we exploit firm-level variation in exposure to India's patent … reform. For firms more exposed to stronger patent protection, we find an increase in patenting and R&D expenditure post …

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 …