Effects of policy reforms on firm innovation

dc.authorid0000-0001-8691-7503
dc.contributor.authorŞeker, Murat
dc.contributor.authorUlu, Mehmet Fatih
dc.date.accessioned2022-02-22T08:50:33Z
dc.date.available2022-02-22T08:50:33Z
dc.date.issued2022
dc.departmentİHÜ, Mütevelli Heyeti
dc.description.abstractThe 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 panel data set, it shows that the removal of license requirements led to an eight percentage points higher innovation rate within two years following the reform. We measure innovation as the introduction of new product varieties that had not been produced by the firm before. It takes a longer time for firms to innovate in industries in which they were not producing before. The findings of this study are also robust to the inclusion of controls for other policy reforms that occurred during the period of licensing reform. They also persist in tests with different subgroups of firms and with the use of alternative estimation methods.
dc.identifier.citationŞeker, M. ve Ulu, M.F. (2022). Effects of policy reforms on firm innovation. Review of Industrial Organization. https://doi.org/10.1007/s11151-022-09861-2
dc.identifier.doi10.1007/s11151-022-09861-2
dc.identifier.issn0889-938X
dc.identifier.issn1573-7160
dc.identifier.urihttps://doi.org/10.1007/s11151-022-09861-2
dc.identifier.urihttps://hdl.handle.net/20.500.12154/1713
dc.institutionauthorŞeker, Murat
dc.language.isoen
dc.publisherSpringer International Publishing
dc.relation.ihupublicationcategory117
dc.relation.ispartofReview of Industrial Organization
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Öğrenci
dc.relation.publicationcategoryÖğrenci
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectInnovation
dc.subjectResearch and Development
dc.subjectRegulatory Environment
dc.subjectRegulations
dc.subjectIndustrial Policy
dc.subjectIndia
dc.titleEffects of policy reforms on firm innovation
dc.typeArticle
dspace.entity.typePublication

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