to innovation, as well as in more competitive industries. This pattern is also stronger for high-tech industries, for …

This paper explores the dynamic link between financial development and innovation, while accounting for human capital … capital and financial development promote innovation activities, while foreign direct investment has the opposite effect …. Further, the findings show a non-linear relationship between finance and innovation …

Patented innovation is a predominately local phenomena. It is also an indicator of economic growth. Using data on U … conducive to diverse and diffused innovation. Our main results are robust to a quantile regression instrumental variable …

Purpose The purpose of this paper is to examine the cross-country variation in innovation and propose that it can be … explained by the presence of market institutions using the Global Innovation Index (GII). Design/methodology/approach This paper … with more innovation. Findings The findings reveal that the effect of market institutions on innovation is promoted by both …