Abstract
This paper analyzes the efficiency of firms in Indian Pharmaceutical Industry before and after the Trade Related Intellectual Property Rights (TRIPs) agreement. The analysis reveals that the efficiency of firms has increased after the Indian legislature has passed the bill for accepting patent applications in early 1999. We find that R&D intensity and market share influence efficiency of firms. The impact of import intensity enhances inefficiency. Our result indicates absence of ownership effects after the Indian legislature had passed the bill for accepting patent applications.
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Chaudhuri, K., Das, S. WTO, the Trips and Indian Pharmaceutical Industry. J. Quant. Econ. 4, 97–110 (2006). https://doi.org/10.1007/BF03404641
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DOI: https://doi.org/10.1007/BF03404641