{"title":"Do weak institutions undermine global innovation production efficiency?","authors":"German Blanco, Rajeev K Goel","doi":"10.1007/s10961-023-09997-7","DOIUrl":null,"url":null,"abstract":"<p><p>This paper focuses on institutional influences on innovation efficiency across countries. Whereas various causes and effects of technological change have been examined, empirical investigations of the efficiency involved in innovation production are relatively few. Using data on a large sample of nations over 2018-2020 and considering corruption, regulatory quality, and state fragility as alternative institutional dimensions, our results show that greater corruption facilitates (\"greases\") efficiency in the production of innovations. This is also the case with improvements in regulatory quality, while greater state fragility increases inefficiency. These findings for the overall sample are somewhat different for the OECD and non-OECD subsamples, although the greasing effect of corruption remains throughout. A robustness check with patent protection and government size as alternative institutional dimensions is also conducted.</p>","PeriodicalId":48228,"journal":{"name":"Journal of Technology Transfer","volume":null,"pages":null},"PeriodicalIF":4.6000,"publicationDate":"2023-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9990963/pdf/","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Technology Transfer","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1007/s10961-023-09997-7","RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 1
Abstract
This paper focuses on institutional influences on innovation efficiency across countries. Whereas various causes and effects of technological change have been examined, empirical investigations of the efficiency involved in innovation production are relatively few. Using data on a large sample of nations over 2018-2020 and considering corruption, regulatory quality, and state fragility as alternative institutional dimensions, our results show that greater corruption facilitates ("greases") efficiency in the production of innovations. This is also the case with improvements in regulatory quality, while greater state fragility increases inefficiency. These findings for the overall sample are somewhat different for the OECD and non-OECD subsamples, although the greasing effect of corruption remains throughout. A robustness check with patent protection and government size as alternative institutional dimensions is also conducted.
期刊介绍：
The Journal of Technology Transfer provides an international forum for research on the economic, managerial and policy implication of technology transfer, entrepreneurship, and innovation. The Journal is especially interested in articles that focus on the relationship between the external environment and organizations (governments, public agencies, firms, universities) and their innovation process. The Journal welcomes alternative modes of presentation ranging from broad empirical analyses, to theoretical models, to case studies based on theoretical foundations. Officially cited as: J Technol Transf
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