IDEAS home Printed from https://ideas.repec.org/a/taf/pocoec/v32y2020i7p833-859.html
   My bibliography  Save this article

Democratization and Firm Innovation: Evidence from European and Central Asian post-Communist States

Author

Listed:
  • Zafar Nazarov
  • Anastassia V. Obydenkova

Abstract

The paper analyses the impact of democratisation on firm innovation in European and Central Asian post-communist states using panel-data and cross-sectional approaches. The sample consists of over 25,000 establishments in 25 transition economies. Our empirical analysis provides an array of novel findings to the institutional literature. First, our analysis demonstrates that post-communist democratisation has had a direct impact on firms’ propensity to innovate across transition economies. Second, we find that the relationship between the level of democracy and firm innovation takes the form of a U-shape or inverted U-shape depending on the definition of firm innovation. That is, the states with the lowest and highest levels of democracy exhibit less firm innovation than states with intermediate levels of democracy. The paper contributes to the institutional literature and to studies on the consequences of post-communist regime transition for economic development.

Suggested Citation

  • Zafar Nazarov & Anastassia V. Obydenkova, 2020. "Democratization and Firm Innovation: Evidence from European and Central Asian post-Communist States," Post-Communist Economies, Taylor & Francis Journals, vol. 32(7), pages 833-859, October.
    • Handle: RePEc:taf:pocoec:v:32:y:2020:i:7:p:833-859
    DOI: 10.1080/14631377.2020.1745565
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/14631377.2020.1745565
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/14631377.2020.1745565?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. Nadezhda Filimonova & Anastassia Obydenkova & Vinicius G. Rodrigues Vieira, 2023. "Geopolitical and economic interests in environmental governance: explaining observer state status in the Arctic Council," Climatic Change, Springer, vol. 176(5), pages 1-25, May.
    2. Raufhon Salahodjaev & Barno Abdullaeva & Shakhnoza Tosheva & Arletta Isaeva, 2021. "Female Parliamentarians and the Distribution of National Happiness," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 16(4), pages 1571-1585, August.
    3. Ilya Stepanov & Igor Makarov & Ekaterina Makarova & Elizaveta Smolovik, 2023. "Climate change and challenges to sustainable development in the Russian Arctic," Climatic Change, Springer, vol. 176(4), pages 1-18, April.
    4. Wang, Quan-Jing & Feng, Gen-Fu & Wang, Hai-Jie & Chang, Chun-Ping, 2021. "The impacts of democracy on innovation: Revisited evidence," Technovation, Elsevier, vol. 108(C).
    5. Michael Machokoto & Tesfaye T. Lemma & Ouarda Dsouli & Rebecca Fakoussa & Eghosa Igudia, 2024. "Coupling men‐to‐women: Promoting innovation in emerging markets," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(3), pages 3656-3677, July.
    6. Zafar Nazarov & Anastassia Obydenkova, 2022. "Public Health, Democracy, and Transition: Global Evidence and Post-Communism," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 160(1), pages 261-285, February.
    7. Zaineb Hlioui & Mohamed Gabsi & Abdelwahed Omri, 2022. "Informal Competition Effect on SMEs’ Innovation: Do Credit Constraints Matter? Evidence from Eastern European Countries," Sustainability, MDPI, vol. 14(21), pages 1-23, October.
    8. Lim, King Yoong & Morris, Diego, 2023. "Business optimism and the innovation-profitability nexus: Introducing the COVID-19 adaptable capacity framework," Research Policy, Elsevier, vol. 52(1).

    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:pocoec:v:32:y:2020:i:7:p:833-859. 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/CPCE20 .

    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.