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. © 2012 Elsevier Inc.
| Original language | English |
|---|---|
| Pages (from-to) | 2574-2580 |
| Journal | Journal of Business Research |
| Volume | 66 |
| Issue number | 12 |
| Online published | 24 May 2012 |
| DOIs | |
| Publication status | Published - Dec 2013 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
Research Keywords
- Applied research
- Basic research
- Innovative activity
- National innovation systems
- Political institutional structures
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