[go: up one dir, main page]
More Web Proxy on the site http://driver.im/
IDEAS home Printed from https://ideas.repec.org/a/taf/rajsxx/v10y2018i7p811-821.html
   My bibliography  Save this article

Corruption, transaction costs, and innovation in Africa

Author

Listed:
  • Laura Barasa
Abstract
This paper examines the relationship between corruption, transaction costs as measured by asset specificity, and innovation in Africa. We hypothesize that in the context of developing countries in Africa, corruption is positively associated with innovation. In addition, we hypothesize that this relationship is mediated by physical asset specificity and human asset specificity. These hypotheses are tested by means of a multiple mediation model. The product of coefficients approach and bootstrapping techniques are used to estimate firm-level data from the 2013 World Bank Enterprise Survey and 2013 Innovation Follow-up Survey. The results from the estimations reveal that corruption is positively associated with innovation, and that physical asset specificity mediates this relationship. There is no evidence suggesting that human asset specificity mediates the relationship between corruption and innovation. We conclude that the positive relationship between corruption and innovation offers support to the hypothesis that corruption ‘greases-the-wheels’ of innovation in Africa. Furthermore, physical asset specificity increases the likelihood of innovation in a business environment characterized by a high degree of corruption.

Suggested Citation

  • Laura Barasa, 2018. "Corruption, transaction costs, and innovation in Africa," African Journal of Science, Technology, Innovation and Development, Taylor & Francis Journals, vol. 10(7), pages 811-821, November.
    • Handle: RePEc:taf:rajsxx:v:10:y:2018:i:7:p:811-821
    DOI: 10.1080/20421338.2018.1519061
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/20421338.2018.1519061
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/20421338.2018.1519061?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dokas, Ioannis & Panagiotidis, Minas & Papadamou, Stephanos & Spyromitros, Eleftherios, 2023. "Does innovation affect the impact of corruption on economic growth? International evidence," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 1030-1054.
    2. Muhammad Ansar Majeed & Tanveer Ahsan & Ammar Ali Gull, 2024. "Does corruption sand the wheels of sustainable development? Evidence through green innovation," Business Strategy and the Environment, Wiley Blackwell, vol. 33(5), pages 4626-4651, July.
    3. Essiane, Patrick-Nelson Daniel, 2020. "De l'Ancienne Economie Institutionnelle à la Nouvelle Economie Institutionnelle: une introduction à quelques débats [Old Institutional Economics and New Institutional Economics: an Introduction to ," MPRA Paper 102858, University Library of Munich, Germany.
    4. Nirosha Wellalage & Sujani Thrikawala, 2021. "Does bribery sand or grease the wheels of firm level innovation: evidence from Latin American countries," Journal of Evolutionary Economics, Springer, vol. 31(3), pages 891-929, July.
    5. Roberta Troisi & Gaetano Alfano, 2023. "Proximity and inter-firm corruption: A transaction cost approach," Small Business Economics, Springer, vol. 60(3), pages 1105-1120, March.
    6. Hung Quang Doan & Nam Hoang Vu & Binh Tran-Nam & Ngoc-Anh Nguyen, 2022. "Effects of tax administration corruption on innovation inputs and outputs: evidence from small and medium sized enterprises in Vietnam," Empirical Economics, Springer, vol. 62(4), pages 1773-1800, April.
    7. Mohammad, Shoeb & Yang, Jie & Butt, Irfan, 2024. "Does corruption have a sanding or greasing impact on innovation? Reconciling the contrasting perspectives through a systematic literature review," Research Policy, Elsevier, vol. 53(7).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rajsxx:v:10:y:2018:i:7:p:811-821. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rajs .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.