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Medical device industry in India is a niche sector with few key players but it possesses huge potential for both domestic and international trade. In recent years, a number of regulatory relaxations have been provided to medical device manufacturers in India to enhance production and further trade especially exports. Though the industry is highly dependent on imports, the purpose of this paper is to identify key medical devices using the revealed comparative advantage, which can be exported from India by identifying new markets.

For the selected medical devices, India’s exports to the world and the newly identified markets are forecasted using the autoregressive integrated moving average model of regression.

It is seen that three major medical devices emerge to be the ones where India has the capacity and potential to manufacture and export. These medical devices are electro-cardiographs, magnetic resonance imaging apparatus and oscilloscopes and oscillographs being exported to the USA, Australia; China and the USA, respectively, which is rising in recent years.

As the forecasted values indicate that there is an increasing potential in exports from India to the world of the selected medical devices, there is an urgent need to develop this industry and enhance exports from India. Very few studies have been carried out to examine and forecast exports from specific sectors or industries which is the need of the hour now.

The paper also provides suggestions to exporters and policymakers on leveraging the future export potential of selected medical devices.

This paper aims to undertake the efficiency analysis in the form of stochastic frontier to estimate a Cobb–Douglas production function by controlling for the heterogeneity across Russian firms by including firm size, ownership, age, innovation activity and market competition.

During the peak period of Covid-19, certain firms witnessed either a decrease or increase in sales. Using this segregation of firms from World Bank’s Covid-19 impact surveys follow-up to the Enterprise Survey for Russia, this study empirically investigates the determinants of technical efficiency of these firms focusing on the role of government assistance.

The findings suggest that by segregating firms in terms of sales, different internal factors can enable in steering through pandemic situation besides just depending on external assistance.

One of the few papers to analyse the impact of the pandemic on Russian firms by considering World Bank Covid Survey.

The development in information communication and technology (ICT) has led to many changes such as reorganization of economics, globalization and trade. With more innovation processes being organized and adopted across technologies, trade, etc., these are getting more closely related and needs fresh research perspective. This study aims to empirically investigate the interrelationship between ICT penetration, innovation, trade and economic growth in 20 developed and developing nations from 1995 to 2018.

The present paper examines both long-run and short-run relationships between the four variables, namely, innovation, ICT penetration, trade and economic growth, by applying panel estimation techniques of regression and vector error correction model. ICT penetration and innovation indices are constructed using principle component analysis technique.

The findings of the study highlight that for developed nations, growth, trade and innovation are significantly interlinked with no significant role of ICT penetration While for developing nations, significant relationship is present between growth and trade, ICT penetration and innovation. With respect to trade, in case of developed nations, significant relationship is present with ICT penetration. While for developing nations there is no significant result for trade promotion. On further employing the vector error correction model, the presence of short run causality between growth, trade and innovation in case of developed nations is established but no such causality between variables for developing nations is seen.

The present paper adds to the existing strand of literature examining interlinkage between innovation and growth by introducing new variables of ICT penetration and innovation.

This paper examines the dynamic interplay between Circular Economy (CE) and Supply Chain (SC). Further, this paper develops a framework indicating the transition from conventional SC to SC 4.0. As it addresses the separate bodies of literature on CE and SC 4.0, the study attempts to bridge the gap by examining barriers to SC 4.0 adoption in CE.

The article integrates bibliometric analysis with Total Interpretive Structural Modeling (TISM) and MICMAC analysis, thereby enriching the methodological rigour in investigating the barriers to SC 4.0 adoption within the CE context.

The paper provides insights into research trends, influential scholars, journals and prominent institutions through bibliometric analysis. Also, the findings identify four broad areas of driving, autonomous, linkage and dependent barriers to facilitate a comprehensive understanding of their impact and interdependencies.

The findings imply that effective policy interventions, enhanced management practices, and the adoption of technological innovations are essential for overcoming barriers to SC 4.0. The research recommends that stakeholders focus on fostering collaborative networks, building competencies in line with CE requirements, and leveraging big data for strategic supply chain decision-making.

This work contributes to the advancement of the circular digital supply field by consolidating research streams, uncovering innovation prospects, and shaping a well-informed research agenda. The distinct contribution lies in its categorization of these barriers into driving, autonomous, linkage, and dependent barriers, offering a novel perspective on the structural dynamics impeding the integration of SC 4.0 in CE.