Anand explores industry and firm level phenomena that influence innovation - the generation and distribution of new "ideas" and, entrepreneurship - the process by which, new ideas are commercialized and brought to the market. His research focuses on high technology industries such as pharmaceuticals, bio-technology and software industries, and his research falls in between industrial organization (IO), economics of technological change and strategy. Anand's current work examines the effect of patent reforms on R&D productivity of Indian firms and foreign captives in India, the influence of incentives on the generation of innovation, the influence of technology markets on firm performance and the role of opportunity costs on entrepreneurial performance. Prof. Anand holds a Ph D (Public Policy and Management and Strategy and entrepreneurship), Carnegie Mellon University.