Toward resource independence - Why state-owned entities become multinationals: An empirical study of India's public R&D laboratories

Toward resource independence - Why state-owned entities become multinationals: An empirical study of India's public R&D laboratories. Khanna Taru, February 27, 2014, Paper. "In this paper, we build on the standard resource dependence theory (RDT) and its departure suggested by Vernon to offer a novel explanation for why state-owned entities (SOE) might seek a global footprint and global cash flows: to achieve resource independence from other state actors. In the context of SOEs, the power use hypothesis of standard RDT can be used to analyze the dependence of SOEs on other state actors, such as government ministries and government agencies..." Link