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Corruption and Innovation: The Case of EECA Countries

Yıl 2017, Cilt: 6 Sayı: 2, 51 - 71, 01.12.2017

Fatma Nur Karaman Kabadurmuş

Öz

Although the effect of corruption on country-level investment is studied widely in literature, only a limited number of research has sought to understand how corruption affects firm-level innovation. Using firm-level data for twenty seven Eastern European and Central Asian countries, we empirically investigate how corruption affects innovation. We find that corruption has a positive effect on the rate of innovation. This finding is robust to alternative measurement proxies.

Anahtar Kelimeler

Innovation Corruption EECA

Kaynakça

  • Ahn, Sanghoon, (2002), Competition, Innovation and Productivity Growth: A Review of Theory and Evidence, OECD Economics Department Working Papers 317.
  • Anokhin, S., and William S. Schulze, (2009), Entrepreneurship, innovation, and corruption. Journal of business venturing, 24(5), 465-476.
  • Asiedu, E., & James Freeman, (2009), The effect of corruption on investment growth: Evidence from firms in Latin America, Sub‐Saharan Africa, and transition countries. Review of Development Economics, 13(2), 200-214.
  • Ayyagari, M., Asli Demirgüç-Kunt, Vojislav Maksimovic, (2014), Bribe Payments and Innovation in Developing Countries: Are Innovating Firms Disproportionately Affected?, Journal of Financial and Quantitative Analysis, 49(1), 51-75.
  • Azfar, O., and Peter Murrell, (2009), Identifying reticent respondents: assessing the quality of survey data on corruption and values, Economic Development and Cultural Change, 57(2), 387-411.
  • Bassetti, T., Lorenzo Dal Maso, & Nicola Lattanzi, (2015), Family businesses in Eastern European countries: How informal payments affect exports, Journal of Family Business Strategy, 6(4), 219-233.
  • Beck, T., Asli Demirguc-Kunt, and Vojislav Maksimovic (2005), Financial and Legal Constraints to Firm Growth: Does Firm Size Matter? Journal of Finance, 60(1), 137-177.
  • Blackburn, K., & Forgues-Puccio, G. F. (2009), Why is corruption less harmful in some countries than in others?. Journal of Economic Behavior & Organization, 72(3), 797-810.
  • Ben Ali, M.S., Shrabani Saha, S., (2016), Corruption and economic development. In: Ben Ali, M.S. (Ed.), Economic Development in the Middle East and North Africa. In: Challenges and Prospects, New York: Palgrave Macmillan, pp. 133–154.
  • Clarke, G. R. G., (2011), How petty is petty corruption? Evidence from firm surveys in Africa, World Development, 39(7), 1122-1132.
  • Correa, P. G., Ana M. Fernandes, Chris J. Uregian, (2010), Technology adoption and the investment climate: firm-level evidence for Eastern Europe and Central Asia. The World Bank Economic Review, 24(1), 121-147.
  • Diaby, A., & Kevin Sylwester, (2014), Bureaucratic competition and public corruption: Evidence from transition countries. European Journal of Political Economy, 35, 75-87.
  • Dreher, Axel, and Martin Gassebner, (2013), Greasing the wheels? The impact of regulations and corruption on firm entry. Public Choice, 1-20.
  • Fisman, R. and Jakob Svensson, (2007), Are Corruption and Taxation Really Harmful to Growth? Firm Level Evidence, Journal of Development Economics, 83(1), 63-75.
  • Goedhuys-Degelin, M., Pierre Mohnen, and Tamer Taha (2016), Corruption, Innovation and Firm Growth: Firm-level Evidence from Egypt and Tunisia, Eurasian Business Review, 6(3), 299-302.
  • Gorodnichenko, Y., and Monika Schnitzer, (2013), Financial constraints and innovation: Why poor countries don’t catch up, Journal of the European Economic Association, 11(5), 1115-1152.
  • Green, William H. (2008), Econometric Analysis, New Persey: Pearson Prentice Hall.
  • Habiyaremye, A., and Wladimir Raymond, (2013), Transnational corruption and innovation in transition economies, UNU-MERIT Working Papers, 2013(50), Maastricht, The Netherlands.
  • Karaman, F. N., & Sajal Lahiri, (2014), Competition and Innovation in Product Quality: Theory and Evidence from Eastern Europe and Central Asia, The BE Journal of Economic Analysis & Policy, 14(3), 979-1014.
  • Leff, Nathaniel H. (1964), Economic development through bureaucratic corruption. American behavioral scientist, 8(3), 8-14.
  • Leys, C. (1965), What is the Problem about Corruption?, The Journal of Modern African Studies, 3(2), 215-230.
  • Mahagaonkar, P. (2008), Corruption and innovation: A grease or sand relationship. Jena: Jena Economic Research Papers, 2008(17).
  • Mauro, P. (1995), Corruption and growth, The quarterly journal of economics, 110(3), 681-712.
  • Mo, Pak Hung, (2001), Corruption and economic growth, Journal of Comparative Economics (29), 66–97.
  • Noutcheva, G., and Senem Aydin-Düzgit, (2012), Lost in Europeanisation: The Western Balkans and Turkey, West European Politics, 35(1), 59-78.
  • Nguyen, N. A., Quang Hung Doan, Ngoc Minh Nguyen, and Binh Tran-Nam. (2016), The impact of petty corruption on firm innovation in Vietnam, Crime, Law and Social Change 65(4-5), 377-394.
  • Paul, Paksha B. (2010), Does corruption foster growth in Bangladesh?, International Journal of Development Issues, 9(3), 246-262.
  • Reinikka, R., and Jakob Svensson, (2005), Fighting corruption to improve schooling: Evidence from a newspaper campaign in Uganda, Journal of the European economic association, 3(2-3), 259-267.
  • Rodríguez-Pose, A., and Marco Di Cataldo, (2015), Quality of government and innovative performance in the regions of Europe, Journal of Economic Geography, 15(4), 673-706.
  • Saha, S., Rukmani Gounder, (2013), Corruption and economic development nexus: variations across income levels in a non-linear framework. Economic Modelling, (31), 70–79.
  • Shleifer, A., and Robert W. Vishny, (1993), Corruption, The quarterly journal of economics, 108(3), 599-617.
  • The World Bank, (1997), Helping Countries Combat Corruption: The Role of the World Bank, http://www1.worldbank.org/publicsector/anticorrupt/corruptn/coridx. htm, (Access: 7.7.2017)
  • Transparency International (2017), https://www.transparency.org/what-iscorruption/#define, (Access: 7.7.2017)
  • Transparency International Corruption Perceptions Index (2016), https:// www.transparency.org/news/feature/corruption_perceptions_index_2016 , (Access: 7.7.2017)
  • Veracierto, M., (2008), Corruption and innovation, Economic Perspectives, 32(1), Federal Reserve Bank of Chicago.
  • Wang, Y., and Jing You, (2012), Corruption and firm growth: Evidence from China, China Economic Review, 23(2), 415-433.
  • Zhao, Minyuan (2006), Conducting R&D in countries with weak intellectual property rights protection, Management Science, 52(8), 1185-1199.

Corruption and Innovation: The Case of EECA Countries

Yıl 2017, Cilt: 6 Sayı: 2, 51 - 71, 01.12.2017

Fatma Nur Karaman Kabadurmuş

Öz

Kaynakça

  • Ahn, Sanghoon, (2002), Competition, Innovation and Productivity Growth: A Review of Theory and Evidence, OECD Economics Department Working Papers 317.
  • Anokhin, S., and William S. Schulze, (2009), Entrepreneurship, innovation, and corruption. Journal of business venturing, 24(5), 465-476.
  • Asiedu, E., & James Freeman, (2009), The effect of corruption on investment growth: Evidence from firms in Latin America, Sub‐Saharan Africa, and transition countries. Review of Development Economics, 13(2), 200-214.
  • Ayyagari, M., Asli Demirgüç-Kunt, Vojislav Maksimovic, (2014), Bribe Payments and Innovation in Developing Countries: Are Innovating Firms Disproportionately Affected?, Journal of Financial and Quantitative Analysis, 49(1), 51-75.
  • Azfar, O., and Peter Murrell, (2009), Identifying reticent respondents: assessing the quality of survey data on corruption and values, Economic Development and Cultural Change, 57(2), 387-411.
  • Bassetti, T., Lorenzo Dal Maso, & Nicola Lattanzi, (2015), Family businesses in Eastern European countries: How informal payments affect exports, Journal of Family Business Strategy, 6(4), 219-233.
  • Beck, T., Asli Demirguc-Kunt, and Vojislav Maksimovic (2005), Financial and Legal Constraints to Firm Growth: Does Firm Size Matter? Journal of Finance, 60(1), 137-177.
  • Blackburn, K., & Forgues-Puccio, G. F. (2009), Why is corruption less harmful in some countries than in others?. Journal of Economic Behavior & Organization, 72(3), 797-810.
  • Ben Ali, M.S., Shrabani Saha, S., (2016), Corruption and economic development. In: Ben Ali, M.S. (Ed.), Economic Development in the Middle East and North Africa. In: Challenges and Prospects, New York: Palgrave Macmillan, pp. 133–154.
  • Clarke, G. R. G., (2011), How petty is petty corruption? Evidence from firm surveys in Africa, World Development, 39(7), 1122-1132.
  • Correa, P. G., Ana M. Fernandes, Chris J. Uregian, (2010), Technology adoption and the investment climate: firm-level evidence for Eastern Europe and Central Asia. The World Bank Economic Review, 24(1), 121-147.
  • Diaby, A., & Kevin Sylwester, (2014), Bureaucratic competition and public corruption: Evidence from transition countries. European Journal of Political Economy, 35, 75-87.
  • Dreher, Axel, and Martin Gassebner, (2013), Greasing the wheels? The impact of regulations and corruption on firm entry. Public Choice, 1-20.
  • Fisman, R. and Jakob Svensson, (2007), Are Corruption and Taxation Really Harmful to Growth? Firm Level Evidence, Journal of Development Economics, 83(1), 63-75.
  • Goedhuys-Degelin, M., Pierre Mohnen, and Tamer Taha (2016), Corruption, Innovation and Firm Growth: Firm-level Evidence from Egypt and Tunisia, Eurasian Business Review, 6(3), 299-302.
  • Gorodnichenko, Y., and Monika Schnitzer, (2013), Financial constraints and innovation: Why poor countries don’t catch up, Journal of the European Economic Association, 11(5), 1115-1152.
  • Green, William H. (2008), Econometric Analysis, New Persey: Pearson Prentice Hall.
  • Habiyaremye, A., and Wladimir Raymond, (2013), Transnational corruption and innovation in transition economies, UNU-MERIT Working Papers, 2013(50), Maastricht, The Netherlands.
  • Karaman, F. N., & Sajal Lahiri, (2014), Competition and Innovation in Product Quality: Theory and Evidence from Eastern Europe and Central Asia, The BE Journal of Economic Analysis & Policy, 14(3), 979-1014.
  • Leff, Nathaniel H. (1964), Economic development through bureaucratic corruption. American behavioral scientist, 8(3), 8-14.
  • Leys, C. (1965), What is the Problem about Corruption?, The Journal of Modern African Studies, 3(2), 215-230.
  • Mahagaonkar, P. (2008), Corruption and innovation: A grease or sand relationship. Jena: Jena Economic Research Papers, 2008(17).
  • Mauro, P. (1995), Corruption and growth, The quarterly journal of economics, 110(3), 681-712.
  • Mo, Pak Hung, (2001), Corruption and economic growth, Journal of Comparative Economics (29), 66–97.
  • Noutcheva, G., and Senem Aydin-Düzgit, (2012), Lost in Europeanisation: The Western Balkans and Turkey, West European Politics, 35(1), 59-78.
  • Nguyen, N. A., Quang Hung Doan, Ngoc Minh Nguyen, and Binh Tran-Nam. (2016), The impact of petty corruption on firm innovation in Vietnam, Crime, Law and Social Change 65(4-5), 377-394.
  • Paul, Paksha B. (2010), Does corruption foster growth in Bangladesh?, International Journal of Development Issues, 9(3), 246-262.
  • Reinikka, R., and Jakob Svensson, (2005), Fighting corruption to improve schooling: Evidence from a newspaper campaign in Uganda, Journal of the European economic association, 3(2-3), 259-267.
  • Rodríguez-Pose, A., and Marco Di Cataldo, (2015), Quality of government and innovative performance in the regions of Europe, Journal of Economic Geography, 15(4), 673-706.
  • Saha, S., Rukmani Gounder, (2013), Corruption and economic development nexus: variations across income levels in a non-linear framework. Economic Modelling, (31), 70–79.
  • Shleifer, A., and Robert W. Vishny, (1993), Corruption, The quarterly journal of economics, 108(3), 599-617.
  • The World Bank, (1997), Helping Countries Combat Corruption: The Role of the World Bank, http://www1.worldbank.org/publicsector/anticorrupt/corruptn/coridx. htm, (Access: 7.7.2017)
  • Transparency International (2017), https://www.transparency.org/what-iscorruption/#define, (Access: 7.7.2017)
  • Transparency International Corruption Perceptions Index (2016), https:// www.transparency.org/news/feature/corruption_perceptions_index_2016 , (Access: 7.7.2017)
  • Veracierto, M., (2008), Corruption and innovation, Economic Perspectives, 32(1), Federal Reserve Bank of Chicago.
  • Wang, Y., and Jing You, (2012), Corruption and firm growth: Evidence from China, China Economic Review, 23(2), 415-433.
  • Zhao, Minyuan (2006), Conducting R&D in countries with weak intellectual property rights protection, Management Science, 52(8), 1185-1199.
Toplam 37 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Bölüm Research Article
Yazarlar

Fatma Nur Karaman Kabadurmuş Bu kişi benim

Yayımlanma Tarihi 1 Aralık 2017
Yayımlandığı Sayı Yıl 2017 Cilt: 6 Sayı: 2

Kaynak Göster

APA Karaman Kabadurmuş, F. N. (2017). Corruption and Innovation: The Case of EECA Countries. Journal of Entrepreneurship and Innovation Management, 6(2), 51-71.