Entrepreneurship, innovation, and corruption

被引:446
作者
Anokhin, Sergey [1 ]
Schulze, William S. [2 ]
机构
[1] Kent State Univ, Grad Sch Management, Kent, OH 44242 USA
[2] Univ Utah, David Eccles Sch Business, Salt Lake City, UT 84112 USA
关键词
Entrepreneurship; Innovation; Control of corruption; DEVELOPING-COUNTRIES; ORGANIZATION; STRATEGIES; ETHICS; FIRMS;
D O I
10.1016/j.jbusvent.2008.06.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
Efforts to control corruption increase levels of trust in the ability of the state and market institutions to reliably and impartially enforce law and the rules of trade. Such trust facilitates the development of arms-length trade and the coordination of complex economic activities. We posit that better control of corruption will also be associated with rising levels of innovation and entrepreneurship. Absent such trust however, monitoring and other transactions cost should restrict the scale and scope of trade and thus, hamper productivity and investment in innovation and entrepreneurship. Longitudinal data from 64 nations lends support to our propositions, thus helping unpack the puzzling relationship between entrepreneurship, innovation, and corruption. (C) 2008 Elsevier Inc. All rights reserved.
引用
收藏
页码:465 / 476
页数:12
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