Resumen
This article examines the impact of R&D spending on firms? export earnings patterns, for a panel data set of several Indian information technology and software sector firms, over the period of fiscal years 2000?2001 to 2005?2006. The results of the analysis show that R&D spending has been associated with a significant rise in firms? average export earnings levels. These results point to the need for a substantial increase over the current levels of R&D currently being undertaken by information technology and software firms in India.