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Bureaucratic Culture and Innovation

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This study explores the effects of bureaucratic culture on innovation.We define bureaucratic culture as a culture in which power and officials are held in the highest regard.Using panel data of publicly listed Chinese manufacturing firms from 2007 to 2015,we found that bureaucratic culture negatively correlated with firms'patent output.A mechanism analysis shows that bureaucratic culture hindered corporate innovation by reducing firms'research and development inputs and decreasing innovation efficiency.Furthermore,we provided evidence that anti-corruption campaigns and the development of formal institutions could neutralize the negative impact of bureaucratic culture on corporate innovation.This study is the first to investigate quantitatively the causal effect of bureaucratic culture on corporate innovation and it can deepen the understanding of the relationship between culture and innovation in China.We speculate that promoting a creative culture,particularly one that fosters entrepreneurial spirit,is of utmost importance.

bureaucratic culturecorporate innovationeconomic growthtalent allocation

Shigang Li、Kexin She、Li Zhang

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International School of Business and Finance,Sun Yat-sen University,China

National School of Development,Peking University,China

International School of Business and Finance,Key Laboratory of Mesoeconomics and Coordinated Development of Regions and Industries,Sun Yat-sen University,China

国家社会科学基金国家自然科学基金国家自然科学基金Research Program of Humanities and Social Sciences of the Ministry of Education of ChinaSocial Science Foundation of Guangdong province

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2024

中国与世界经济(英文版)
中国社会科学院 世界经济与政治研究所

中国与世界经济(英文版)

ISSN：1671-2234
年,卷(期)：2024.32(3)
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