Trust and Innovation in Europe: Causal, spatial and non-linear forces
Semih Akçomak () and
Hanna Müller-Zick ()
Additional contact information
Hanna Müller-Zick: Maastricht University
No 1304, STPS Working Papers from STPS - Science and Technology Policy Studies Center, Middle East Technical University
This paper investigates the effect of trust on innovation. In addition to generalised trust we use a range of other indicators that could measure trust and investigate which trust related variables could explain innovation in 20 European countries divided into 135 regions. We specifically look at causal, non-linear and spatial forces. Our findings indicate that only generalised trust and non-egoistic fairness have robust effects on innovation in Europe. Using historical data on the extent and existence of universities and an instrumental variable strategy we set up a causal relationship between trust and innovation. Even after controlling for causal, spatial and non-linear forces there is a significant direct impact of trust on innovation.
Keywords: trust; social capital; innovation; EU (search for similar items in EconPapers)
Pages: 43 pages
Date: 2013-12, Revised 2013-12
New Economics Papers: this item is included in nep-cse, nep-eff, nep-eur, nep-geo, nep-gro, nep-ino, nep-soc, nep-tid and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://stps.metu.edu.tr/sites/stps.metu.edu.tr/files/TEKPOL%20WP%201304.pdf First version, 2013 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:met:stpswp:1304
Access Statistics for this paper
More papers in STPS Working Papers from STPS - Science and Technology Policy Studies Center, Middle East Technical University Contact information at EDIRC.
Bibliographic data for series maintained by Semih Akcomak ().