Sabancı University
Faculty of Arts and Social Sciences
ECONOMICS SEMINAR
Corruption and Innovation: The Case of EECA Countries
Fatma Nur Karaman
(Yaşar University)
Wednesday, March 14, 2018
11:45-13:15 FASS 2034
ABSTRACT
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.