Democracy and corporate R&D investment
This paper investigates how a democratic environment affects corporate R&D investment around the world. Using a sample of 114,318 observations from 34 countries over the period 2002–2016, we find that democracy is negatively related to R&D expenditure and positively associated with R&D i...
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| Format: | Article |
| Language: | English |
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Elsevier
2022-05-01
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| Series: | Borsa Istanbul Review |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845021000648 |