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Political institutional structure influences on innovative activity

J. Christian Broberg, Alexander McKelvie, Jeremy C. Short, David J. Ketchen and William P. Wan

Journal of Business Research, 2013, vol. 66, issue 12, 2574-2580

Abstract: This study draws upon previous research on political institutions to examine country-level measures of innovative activity over a ten-year period within 24 developed nations. Investigating the relationship between political institutional structures and two types of innovative activity (i.e., basic and applied) reveals that political institutions have an important role in determining the number and nature of innovative opportunities for firms and entrepreneurs. Findings suggest that countries with political institutional structures characterized by weak state authority and corporatist societies generate greater levels of basic innovative activity. Further, national political institutions typified by strong state authority and corporatist societies were found to create higher levels of applied innovative activity.

Keywords: Innovative activity; Applied research; Basic research; Political institutional structures; National innovation systems (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:66:y:2013:i:12:p:2574-2580

DOI: 10.1016/j.jbusres.2012.05.014

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