Does Corruption Grease or Sand the Wheels of Innovation? The Moderating role of Managerial Embeddedness and R&D
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2021-06-30
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en
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Using survey data of enterprises in 37 East-African regions from 2013 to 2019 collected by the World Bank, I study the impact of corruption on firm innovation. Regional corruption is found to positively and significantly impact innovation confirming the so-called ‘greasing the wheels’ hypothesis of corruption on firm’s innovative output. In high corrupt environments, corruption greases the wheels of innovation. Managerial embeddedness and R&D do not significantly affect the relationship of corruption on innovation.
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Faculteit der Managementwetenschappen