The determinants of firm innovation in Emerging Economies
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2021-06-24
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en
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Abstract
The importance of innovation for emerging economies is continuously growing. The goal of this research is to examine the drivers of firm innovation in emerging economies by the use of the following research question: ‘What are the effects of women in top management and R&D expenditure on firm innovation in emerging economies, and is this relationship moderated by political stability?’ Based on data of the World Bank Enterprise Survey, with data stemming from 10,434 firms divided over 8 countries, a logistic regression analysis was conducted in order to find the answer to the question. It seems that firms in emerging economies with women in the top management are more likely to engage in firm innovation and that this does not differ with respect to the political stability of a country. Additionally, the relationship between R&D expenditure and firm innovation seems to be negative and also when being moderated by political stability, the R&D expenditure of a firm had a negative impact on firm innovation.
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Faculteit der Managementwetenschappen