POLITICAL STABILITY AND INNOVATION IN AFRICA
POLITICAL STABILITY AND INNOVATION IN AFRICA
Author(s): James Okrah, Marzena Hajduk-StelmachowiczSubject(s): Politics, Geography, Regional studies, Economic development, Law on Economics
Published by: Fundacja Centrum Badań Socjologicznych
Keywords: innovations; patent activities; institutions and organisations; political stability; rule of law, entrepreneurship;
Summary/Abstract: This paper examines the role of institutional factors, primarily, political stability, in shaping the dynamics of innovation activity in today’s modern society. Using panel data consisting of 26 African countries from the period between 1996 and 2016 as well as employing the negative binomial estimate, we model the impact of those factors on the number of applications for patents per resident. GDP per capita, education and also other institutional factors including the rule of law and financial freedom. The results reveal a strong positive effect of the rule of law on patenting activity.
Journal: Journal of International Studies
- Issue Year: 13/2020
- Issue No: 1
- Page Range: 234-246
- Page Count: 13
- Language: English