In this study, we examine the participation of small and medium-sized enterprises (SMEs) in global value chains (GVCs) and highlight the role of financial constraints in shaping their participation in GVCs. We use a rich unbalanced panel of 888 SMEs for Indian manufacturing over the period...

Theoretical perspectives and empirical literature -- MSMEs access to finance and policy initiatives -- Micro, small and medium enterprises in India: their characteristics and evolution over time -- Access to credit and small firm growth -- gender, small firm ownership and credit constraints --...

Theoretical perspectives and empirical literature -- Micro, small and medium enterprises (MSMEs) access to finance and policy initiatives -- Micro, small and medium enterprises (MSMEs) in India: their characteristics and evolution over time -- Access to credit and small firm growth -- Gender,...

This study examines the extent to which financing constraints affect the research and development (R&D) expenditure of Indian manufacturing firms during the period 1991–2011. Using dynamic R&D investment model, we find significant positive relationship between a firm's R&D expenditure and...

This study examines the role of financing constraints in explaining outward foreign direct investment (FDI) using unique firm-level panel data on Indian manufacturing during the period 2007–2014. We consider the role of both internal and external finance, and employ instrumental variable...

The present study provides some empirical evidence for the export spillover effect examining the case of an emerging market economy, namely India, using firm level data for the period 1994-2006. We disentangle different spillover channels, namely the demonstration effect, the imitation effect...