G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14399
DP14399 The cost of weak institutions for innovation in China
Andrés Rodríguez-Pose; Min Zhang
发表日期2020-02-10
出版年2020
语种英语
摘要Does the variation in the quality of local government institutions affect the capacity of firms to innovate? This paper uses a unique dataset that combines the specific features of 2,700 firms with the institutional and socioeconomic characteristics of the 25 cities in China where they operate, in order to assess the extent to which institutional quality – measured across four dimensions: rule of law, government effectiveness, corruption, and regulatory quality – affects both the innovation probability and intensity of firms. The results of the econometric analysis show that poor institutional quality in urban China is an important barrier for firm-level innovation. In particular, a deficient rule of law, high corruption, and a weak regulatory quality strongly undermine firm-level innovation. The role of these factors is far more limited in the case of innovation intensity. Better institutions also reduce the amount of time firms spend dealing with government regulations in order to facilitate innovation. The results also indicate that the cost of weak institutions for innovation is higher for private than for state-owned firms, at least in the early stages of innovation. In general, differences in institutional quality generate local urban ecosystems that impinge on the propensity of firms to innovate.
主题International Trade and Regional Economics
关键词Innovation Institutions Government quality Firms Cities China
URLhttps://cepr.org/publications/dp14399
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/543293
推荐引用方式
GB/T 7714
Andrés Rodríguez-Pose,Min Zhang. DP14399 The cost of weak institutions for innovation in China. 2020.
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