Technology sourcing and outward FDI: A study of IT industry in India

摘要: Abstract Dunning’s eclectic or the OLI framework suggests that MNCs exist and grow due to possession of ownership (O) advantages consisting tangible intangible assets firm (including technology); location (L) production factors such as transportation, infrastructure, human natural resources available in host country; internalisation (I) owing firm’s competitive advantage producing internally rather than selling licensing technologies others. There are several studies have analysed developed country origin from perspective both (home) other developing (host) countries. Recently, however, countries also making their presence felt world. Yet, there hardly any analyse origin. Using data on 130 firms high-tech Information Technology (IT) industry India, we investigate whether (O), proposed theory, holds true for Specifically, firm-specific technological generated through differential technology sourcing at home (India) important determining inter-firm differences decision invest abroad. The sources considered in-house R&D efforts, import designs, drawing blueprints, capital goods. study reveals efforts indeed Size export intensity influence recommends a proper innovation resource management strategy efficient allocation resources, sourcing, assimilation.