Technology offers enormous potential and opportunities to the Indian Banking sector. Rapid technological diffusion and entry of non-banking entities like fintechs, bigtechs and e-retailers into financial space have left no scope for Indian banks to delay and deny technological innovations. Given...

We examine the effect of social policies on corporate innovation using India’s mandatory Corporate Social Responsibility (CSR) regulation. This regulation mandates firms with pre-tax profits above a certain threshold to spend 2% of the profits on CSR. We demonstrate a significant bunching of...

This study uses patent renewal information to estimate private value of patents by technology and ownership status. Patent value refers to the economic reward that the inventor extracts from the patent by making, using or selling an invention. Thus, we measure the value of patent right (private...