Effects of “Media” on Innovation, Empirical Results

E. Shayan (), M. Allotey and F. Ghotb
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E. Shayan: College of International Management, Ritsumeikan Asia Pacific University, Beppu, Japan
M. Allotey: College of International Management, Ritsumeikan Asia Pacific University, Beppu, Japan
F. Ghotb: College of International Management, Ritsumeikan Asia Pacific University, Beppu, Japan

International Journal of Innovation and Technology Management (IJITM), 2015, vol. 12, issue 06, 1-17

Abstract: Studies on the national development have mainly focused on politics and economics as the main determinants of development. There is no research known to us investigating the effects of media and communication on national development. Evidently, countries that are more media friendly have demonstrated more innovativeness, normally leading to significant levels of economic development. Literature shows that over 50% of the countries with high freedom of press index also have high global innovation index (GII). The aim of this research is to investigate such a relationship based on empirical data.The data on national innovation index GII is documented in GII 2013. However, due to dependency of these scores on an incomplete number of arbitrary media factors, a new GII (NGII), in absence of media effects, had to be recalculated following the exact procedure used by GII 2013.It was also required to draw, from a thorough literature search, an acceptable definition of media and its constituents, media items, as related to innovation. After a list of media indicators was concluded from the literature, different reliable sources of statistics were consulted to collect data on the media indicators of relevant countries under study. These values formed the observations on the independent variables. A linear regression model was developed and characterized between the dependent variable NGII and the selected media items for the 45 high income countries. Discussions and conclusions were made about all the data assumptions and behavior of the model to establish reliable results for further interpretations and conclusions. Results clearly show a positive relationship for the high income countries. This is a new finding that we believe will be of interest of the research community. To be able to generalize the results, the next step of the ongoing research will also cover middle income countries.

Keywords: Media; innovation; innovation index (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1142/S0219877015500327

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