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The aim of this paper is to analyze the effects of corruption and the shadow economy on innovation in the Spanish … regions between 2000 and 2012. For this purpose, we use different proxies to approximate corruption and the shadow economy. We … find evidence that corruption negatively influences innovation according to the results of the estimations. Regarding the …
Persistent link: https://www.econbiz.de/10012868937
In view of the missing consensus on how corruption relates to firm innovation, this paper empirically studies the … relationship between petty corruption and product, process, marketing and organizational innovations in the post-Soviet region …
Persistent link: https://www.econbiz.de/10013239696
authorization and strict authorization. We find that corruption plays a critical role in the choice of the authorization regime …. Corruption exacerbates the costs of using lenient authorization, under which production of socially harmful goods is always … authorized. In contrast, corruption can be socially beneficial under strict authorization, since it can mitigate an over …
Persistent link: https://www.econbiz.de/10012822805
authorization and strict authorization. We find that corruption plays a critical role in the choice of the authorization regime …. Corruption exacerbates the costs of using lenient authorization, under which production of socially harmful goods is always … authorized. In contrast, corruption can be socially beneficial under strict authorization, since it can mitigate an over …
Persistent link: https://www.econbiz.de/10012859824
reduce local corruption and stimulate firms' investment in R&D and training to this day. We identify a causal effect by …
Persistent link: https://www.econbiz.de/10014478735
Purpose -The purpose of this paper is to analyse whether innovators perceive corruption to be systematically more … the innovation activity of the firms in the analysed countries, conditional on the fact that they consider the corruption … imply that there is a link between innovation activity of the firms, perceptions of corruption and the evaluation of …
Persistent link: https://www.econbiz.de/10011434155
When firms' research can lead to potentially harmful innovations, public intervention may thwart their incentives to undertake research by reducing its expected profitability (average deterrence) and may guide the use of innovation (marginal deterrence). We compare four policy regimes: laissez...
Persistent link: https://www.econbiz.de/10010577635
-level corruption, and secondly it investigates the impact of corruption on firm performance in 147 economies using the data set of … gauge the firm performance. Logistic regression is employed to estimate the determinants of corruption and Ordinary Least … Square is employed to estimatethe impact of firm's corruption on its performance. It is found that corruption augments firm …
Persistent link: https://www.econbiz.de/10012153530
This paper aims to analyze the impact of corruption on firm innovation in Portugal, using data from the World Bank … endogeneity in the corruption variable. Our results show that corruption fosters innovation in Portugal, regardless of the … dependent variable we use to measure innovation. We have also analyzed the effect of corruption on innovation in foreign and …
Persistent link: https://www.econbiz.de/10013337708
Persistent link: https://www.econbiz.de/10012156766