Impact of innovation on corruption

Corruption causes inefficiencies in the economic, social and political development. This study investigates the relationship between the level of innovation and the level of corruption in 131 countries. We employ a cross-sectional analysis and find that innovation is positively significant in redu...

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Main Authors: Ismaily Johari, Saifuzzaman Ibrahim, Nik Ahmad Sufian Burhan
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2018
Online Access:http://journalarticle.ukm.my/19637/1/jeko_521-18.pdf
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author Ismaily Johari,
Saifuzzaman Ibrahim,
Nik Ahmad Sufian Burhan,
author_facet Ismaily Johari,
Saifuzzaman Ibrahim,
Nik Ahmad Sufian Burhan,
author_sort Ismaily Johari,
collection UKM
description Corruption causes inefficiencies in the economic, social and political development. This study investigates the relationship between the level of innovation and the level of corruption in 131 countries. We employ a cross-sectional analysis and find that innovation is positively significant in reducing corruption. Our finding suggests that innovation causes the industries and private sectors to become less dependent on the favoritism from the public officials and authorities. They are more encouraged to innovate to gain the competitive advantage and make real profits. We believe that innovation increases the relative return on production and causes a decrease in corruption activities. Therefore, the government and other relevant bodies should set up a policy to increase the level of innovation, as part of their strategy to indirectly combat the problem of corruption.
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spelling ukm.eprints-196372022-09-08T08:02:58Z http://journalarticle.ukm.my/19637/ Impact of innovation on corruption Ismaily Johari, Saifuzzaman Ibrahim, Nik Ahmad Sufian Burhan, Corruption causes inefficiencies in the economic, social and political development. This study investigates the relationship between the level of innovation and the level of corruption in 131 countries. We employ a cross-sectional analysis and find that innovation is positively significant in reducing corruption. Our finding suggests that innovation causes the industries and private sectors to become less dependent on the favoritism from the public officials and authorities. They are more encouraged to innovate to gain the competitive advantage and make real profits. We believe that innovation increases the relative return on production and causes a decrease in corruption activities. Therefore, the government and other relevant bodies should set up a policy to increase the level of innovation, as part of their strategy to indirectly combat the problem of corruption. Penerbit Universiti Kebangsaan Malaysia 2018 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/19637/1/jeko_521-18.pdf Ismaily Johari, and Saifuzzaman Ibrahim, and Nik Ahmad Sufian Burhan, (2018) Impact of innovation on corruption. Jurnal Ekonomi Malaysia, 52 (1). pp. 215-223. ISSN 0127-1962 https://www.ukm.my/jem/issue/v52i1/
spellingShingle Ismaily Johari,
Saifuzzaman Ibrahim,
Nik Ahmad Sufian Burhan,
Impact of innovation on corruption
title Impact of innovation on corruption
title_full Impact of innovation on corruption
title_fullStr Impact of innovation on corruption
title_full_unstemmed Impact of innovation on corruption
title_short Impact of innovation on corruption
title_sort impact of innovation on corruption
url http://journalarticle.ukm.my/19637/1/jeko_521-18.pdf
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