The impact of cultural orientation towards secrecy on innovation

Michael Machokoto

Economics Letters, 2024, vol. 234, issue C

Abstract: Our empirical analyses, based on a large international dataset of private firms, show that a cultural orientation towards secrecy significantly negatively affects the likelihood of investing in innovation. This finding is robust to a host of concerns and suggests that cultural orientation towards secrecy explains a significant portion of the cross-country variations in private firms’ innovation.

Keywords: Innovation; Secrecy; Culture; Emerging markets; Private firms (search for similar items in EconPapers)
JEL-codes: G01 G31 G32 (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:234:y:2024:i:c:s0165176523005359

DOI: 10.1016/j.econlet.2023.111509

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