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An approach to a country's innovation considering cultural, economic, and social conditions

Bibliographic Data

ID15068043
AuthorsM Ángeles López-Cabarcos (0000-0001-9844-8767, Universidade de Santiago de Compostela), Juan Pineiro-Chousa (0000-0002-4639-8435, Universidade de Santiago de Compostela), Lara Quiñoá-Piñeiro (0000-0002-4173-8998, Universidade de Santiago de Compostela, corresponding author)
Year2021
Volume34
Issue1
Pages2747-2766
Publication date2021-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomic Research-Ekonomska Istraživanja (JOURNAL)
Journal identifiersISSN: 1331-677X • E-ISSN: 1848-9664
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/1331677x.2020.1838314
OpenAlexW3097098309
LanguageEN
Citations received8
References cited63

One of the main concerns regarding innovation lies in knowing and understanding how this phenomenon occurs. Many countries are basing their aspirations for progress on innovation, placing it at the heart of their growth strategies. In response to this need, this study proposes to analyse the combined effects of five conditions that can lead to a country’s innovation. Using a sample of 51 countries and fuzzy-set qualitative comparative analysis (fsQCA), this study aims to find out whether a country’s long-term orientation, its public expenditure on education, its democracy level, the inflows of foreign direct investment (FDI), and its entrepreneurial activity can lead independently or in combination to the presence of innovation. The results show that the democracy level and the long-term orientation of a country are key conditions to lead to a country’s innovation. Conversely, the inflows of FDI and the public expenditure on education seem to play a secondary role to lead to a country’s innovation. Besides, the entrepreneurial activity of a country and its innovative activity seem to behave in the opposite direction. The results are intended to help governments, businesses, and investors make decisions capable of generating greater value at all levels

Business · Democracy · Economic system · Economics · Entrepreneurship · Foreign direct investment · Macroeconomics · Political science · Politics · Qualitative comparative analysis · Entrepreneurship Studies and Influences · Innovation and Knowledge Management · Qualitative Comparative Analysis Research

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Unique citing works8
Citations per year1,6
Citation span2021 - 2026 (6)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 7

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