Venture capitalists (VCs) ideally like to invest in innovations at a nascent stage but this is inherently incorporated with huge risks (Ruhnka and Young 1991, Gompers 1995). Because it is difficult to value novel technologies at an early development stage, VCs may be herding into financing...

In this paper, we explore the little studied role of gender-based tastes and preferences in the empirical relationship between income and demand for health care. Using two novel datasets, one from a nationally representative household survey and another from proprietary electronic medical...

Exploiting a quasi-natural experiment, which primarily involves the imposition of an international ban on a particular input, used by the Indian leather and textile industries, we estimate the indirect impact of the environmental regulation on innovation expenditure and survival probabilities of...

India surpassed the USA to become the second largest global smartphone market in terms of users in early 2016. India has continued to register strong demand for smartphones to connect hundreds of millions of users to the internet. There is a substantial opportunity for every player in the mobile...

This chapter explores the attributes of compliance in the context of data breaches. First, it identifies the sort of corporate governance problem that data breaches create. Then, it approaches the empirical work related to data breaches and to the organization of compliance-based responses in...

This paper examines the relationship between exogenous demand shock and market structure in India’s influenza vaccine markets. Using a novel dataset of detailed purchasing information for vaccines in India, and exploiting the 2009-10 global H1N1 pandemic as an exogenous demand shock, we...

Venture capitalists (VCs) ideally like to invest in innovations at a nascent stage but this is inherently incorporated with huge risks (Ruhnka and Young 1991, Gompers 1995). Because it is difficult to value novel technologies at an early development stage, VCs may be herding into financing...

This paper examines the relationship between exogenous demand shocks and market structure in India’s influenza vaccine markets. Using a novel dataset of detailed purchasing information for vaccines in the country, and exploiting the occurrence of the 2009-10 global H1N1 pandemic as an...

This article investigates how incumbents respond to low-end firm entry. Prior theory suggests that high-end incumbents raise their price in response to a profit-maximizing low-cost entrant but lower their price in response to a welfare-maximizing low-end entrant. This paper uses a dataset of 206...

Scholars argue that the presence of persistent first-mover advantages obviates the need for relatively long-lived patents as incentives for innovations. What then is the impact of the strengthening of patent protection, particularly in developing economies, on non-patent-based first-mover...