Government corruption, market segmentation and renewable energy technology innovation: Evidence from China.

Motivated by theoretical arguments (see e.g. Romer, 2010 , Mokyr, 2008 ) that assert a positive impact of institutions on R&D, this paper aims to provide some empirical analysis on the relationship between the two variables. In particular, using a core sample of 98 countries over the period 1996–2009, this paper has found a significant direct effect of institutions on R&D intensity. Countries with better institutions qualities as captured by the World Banks’ Worldwide Governance Indicators (WGI) tend to attract more scientists and engineers into the research field and to spend more on R&D as well. This paper has also found evidence that the effect of institutions varies in different economies characterized by different levels of financial development and human capital accumulation, but stays relatively unchanged across countries with different levels of trade openness.

Can institutions explain cross-country differences in innovative activity?

Effect of financial development on innovation: Roles of market institutions

The present study examines the effect of country-level corporate governance (CLCG) and Directors’ Liability (DL) on Entrepreneurial Framework Conditions (EFCs) across 52 countries from 2014 up to 2...

https://www.tandfonline.com/doi/pdf/10.1080/23311975.2020.1797261

Shan Ju Ho

Papers

Country governance, corruption, and the likelihood of firms’ innovation