Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
This paper attempts to simultaneously study the production and impact of patenting in a less-developed country, using panel firm-level data for the period 1975-79 for India. The authors' results suggest that, despite the limited protection of intellectual property rights in India, patenting is associated with a significant increase in total factor productivity growth at the firm level. After controlling for unobserved fixed firm effects, R&D manpower appears to be the only input that significantly influences the probability of patenting. Copyright 1989 by Blackwell Publishing Ltd.