01498nam a22002417a 4500 OSt 20260428103959.0 260428b |||||||| |||| 00| 0 eng d STCPL Jitamitra Behera Ruchi Sharma Identification of Star Firms and Decoding Investment in Intangibles : Evidence from the Indian Manufacturing Industry EPW Vol.61; No.16 - 18 April 2026 pp. 80-89 The star firms phenomenon, focusing on the changing structure of investment dynamism in Indian manufacturing industries, is explored. Analysing firm-level information from the Centre for Monitoring Indian Economy Prowess database for 2000 to 2023, this study investigates the emergence of star (superstar) firms and presents a comparative analysis highlighting intangible expenditure and intangible assets. We find that star firms are intangible-intensive relative to non-star peers and such investment in intangibles increases the likelihood of transforming a firm into a star. So, a regulatory framework is suggested that encourages investment in intangibles to leverage scale advantage and enhance performance. COM India Indian Manufacturing Industry Star Firms Investment https://www.epw.in/journal/indias-industrial-transformation/identification-star-firms-and-decoding-investment.html ARTICLE ddc 0 87524 87524 0 0 ddc 0 0 COM STCPL STCPL BVS 2026-04-28 0 2026-04-28 10:40:35 2026-04-28 ARTICLE