Does culture still matter?: The effects of individualism on national innovation rates

Mark Taylor and Sean Wilson

Journal of Business Venturing, 2012, vol. 27, issue 2, 234-247

Abstract: Does a society's culture affect its rate of inventive activity? This article analyzes several independent datasets of culture and innovation from 62 countries spanning more than two decades. It finds that most measures of individualism have a strong, significant, and positive effect on innovation, even when controlling for major policy variables. However, the data also suggest that a certain type of collectivism (i.e. patriotism and nationalism) can also foster innovation at the national level. Meanwhile, other types of collectivism (i.e. familism and localism) not only harm innovation rates, but may hurt progress in science worse than technology.

Keywords: Schwartz; GLOBE; science; technology; patents (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (86)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbvent:v:27:y:2012:i:2:p:234-247

DOI: 10.1016/j.jbusvent.2010.10.001

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