Authors: Madhuri Saripalle
Addresses: Madras School of Economics, Chennai, 600 025, India
Abstract: Learning is an important factor that explains inter-firm differences in performances over time. This paper analyses the impact of government policy regime on the learning abilities of firms and markets over time. Through a case study analysis of the Indian automotive industry, this paper develops three hypotheses relating policy regimes with learning strategies of firms. This paper tests these hypotheses through a model of learning using a panel data for the Indian automotive industry. The study finds that speed of knowledge assimilation is more important in the liberalised policy regime vis-a-vis protection when knowledge assimilation per se was a more important economic goal.
Keywords: growth; learning; capabilities; industrial policy; automobile industry; Asia; India; automotive manufacturing; knowledge assimilation.
International Journal of Automotive Technology and Management, 2012 Vol.12 No.2, pp.197 - 217
Available online: 11 May 2012 *Full-text access for editors Access for subscribers Purchase this article Comment on this article