2020
DOI: 10.14254/2071-8330.2020/13-1/15
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Political stability and innovation in Africa

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 re… Show more

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Cited by 13 publications
(12 citation statements)
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“…Institutions can be either formal or informal (Minto-Coy & McNaughton, 2016;Okrah & Hajduk-Stelmachowicz, 2020). Property rights, contracts, policies, regulations, laws, and constitutions are formal institutions, while informal institutions refer to the culture and societal norms that rule the operations of businesses (Berman, 2013;Minto-Coy & McNaughton, 2016).…”
Section: Institutions and Innovation Performancementioning
confidence: 99%
“…Institutions can be either formal or informal (Minto-Coy & McNaughton, 2016;Okrah & Hajduk-Stelmachowicz, 2020). Property rights, contracts, policies, regulations, laws, and constitutions are formal institutions, while informal institutions refer to the culture and societal norms that rule the operations of businesses (Berman, 2013;Minto-Coy & McNaughton, 2016).…”
Section: Institutions and Innovation Performancementioning
confidence: 99%
“…They include, among others cognitive abilities, personality type, emotional state, views, attitudes, context (circumstances), presence of people (influence of other people) or lack thereof (Okrah, Hajduk-Stelmachowicz, 2020). The literature on the subject emphasizes that the key in the 21st century is the increase in the ability of managers to make quick and accurate decisions, react to changes and create them.…”
Section: Decision-making Process In Enterprisesmentioning
confidence: 99%
“…The environment related to the supply of innovation is usually about the institutional environment, the cultural environment, and the Internet [2][3][4]. Political stability is a kind of institutional environment factor that can greatly shape the innovation activities and performance [72,73], and because that the cities we studied are under the same political stability environment, this institutional factor was not taken into consideration. Due to the fact that under China's context, cities with different administrative levels have a different status in the development of innovation and innovation systems, and cities with high administrative levels attach more attention to the development of innovation systems.…”
Section: Analytical Frameworkmentioning
confidence: 99%