Journal ArticleDOI
Country governance, corruption, and the likelihood of firms’ innovation
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TLDR
In this paper, a sample of firms from the World Bank Enterprise Survey for the period 2006-2016 in emerging and developing countries was used to find that corruption has a negative impact on the likelihood of innovations, thus supporting the sanding-the-wheels hypothesis.About:
This article is published in Economic Modelling.The article was published on 2020-01-20. It has received 48 citations till now. The article focuses on the topics: Corruption & Corporate governance.read more
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Government corruption, market segmentation and renewable energy technology innovation: Evidence from China.
TL;DR: In this article, the authors examined the relationship between government corruption, market segmentation, and renewable energy technology innovation, and showed that government corruption can increase the degree of market segmentations, and both government corruption and segmentation can significantly reduce regional renewable energy technologies innovation.
Can institutions explain cross-country differences in innovative activity?
TL;DR: In this article, a core sample of 98 countries over the period 1996-2009 was used to investigate the relationship between institutions and R&D intensity, and they 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 varying levels of trade openness.
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Effect of financial development on innovation: Roles of market institutions
TL;DR: In this paper, the authors examined whether financial development can help explain the pace of innovation in 68 developed and developing countries during 1995-2018, by utilizing panel data and incorporating market institutions (market creating, market regulating, market stabilizing and market legitimizing).
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Impact of country-level corporate governance on entrepreneurial conditions
TL;DR: The authors examined 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...
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Political governance, corruption perceptions index, and national dynamic energy efficiency
TL;DR: In this article, the authors used a dynamic data envelopment analysis model to estimate the national dynamic energy efficiency of 49 countries for the period of 2007-2016 by using a Dynamic Data Envelopment Analysis (DDA) model.
References
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Book
Theory of Economic Development
TL;DR: The theory of economic development was first published in 1911 by Schumpeter as discussed by the authors, who argued that economics is a natural self-regulating mechanism when undisturbed by "social and other meddlers." In his preface he argues that despite weaknesses, theories are based on logic and provide structure for understanding fact.
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The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle
TL;DR: Schumpeter as discussed by the authors argued that economic development is the key to explaining the features of modern economic life, such as consumption, factors and means of production, labor, value, prices, cost, exchange, money as a circulating medium, and exchange value of money.
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Information Technology, Workplace Organization, and the Demand for Skilled Labor: Firm-Level Evidence
TL;DR: In this article, the authors investigate the hypothesis that the combination of three related innovations (i.e., information technology, complementary workplace reorganization, and new products and services) constitute a significant skill-biased technical change affecting labor demand in the United States.
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Why Is Rent-Seeking So Costly to Growth?
TL;DR: In this article, the authors explore two reasons why rent-seeking, meaning any redistributive activity that takes up resources, is so costly to growth, and why public rentseeking by government officials is likely to hurt innovative activities more than everyday production.
Journal ArticleDOI
Firm Size and the Nature of Innovation within Industries: The Case of Process and Product R&D
Wesley M. Cohen,Steven Klepper +1 more
TL;DR: In this paper, the effect of firm size on the allocation of R&D effort between process and product innovation is examined, and it is hypothesized that process innovations are less saleable in disembodied form and spawn less growth.