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...

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...

It is now stylized that, while the impact of ownership on firm productivity is unclear, product market competition can be expected to have a positive impact on productivity, thereby making entry (or contestability of markets) desirable. Traditional research in the context of entry has explored...

This paper examines the validity of the Porter hypothesis in the presence of environmentally conscious consumers and asymmetry of information between the regulator and the polluting agent. There are two implications of the Porter hypothesis. One, a policy based on "best available technology"...