The impact of institutions on innovation

Alexander Donges (), Jean-Marie Meier and Rui Silva ()
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Alexander Donges: University of Mannheim
Rui Silva: London Business School

No 17023, Working Papers from Economic History Society

Abstract: "We study the impact of inclusive institutions on innovation using novel, hand- collected, county-level data for Imperial Germany. We use the timing and geography of the French occupation of different German regions after the French Revolution as an instrument for institutional quality. We find that the number of patents per capita was more than twice as high in counties with the longest occupation as in unoccupied counties. The impact of institutions on innovation is amplified in counties with a devel- oped banking sector, suggesting that financial development and inclusive institutions are complements in the production of innovation."

Keywords: "Innovation; Patents; Institutions; Institutional Reform; Economic Growth" (search for similar items in EconPapers)
JEL-codes: G38 K40 N13 O31 O43 (search for similar items in EconPapers)
Date: 2017-04
New Economics Papers: this item is included in nep-his, nep-ino, nep-law, nep-pke and nep-sbm
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Related works:
Journal Article: The Impact of Institutions on Innovation (2023)
Working Paper: The Impact of Institutions on Innovation (2021)
Working Paper: The Impact of Institutions on Innovation (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:ehs:wpaper:17023

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