Arbeitspapier
Law, culture, and innovation
This chapter reviews theoretical and empirical research on the relationship between legal systems and innovation and culture and innovation. We highlight legal and cultural forces that encourage innovation activities, including strong patent protection, entrepreneur-friendly bankruptcy laws, and strong labor laws, as well as policies that encourage risk taking and a long-term orientation. We provide a snapshot of recent cross-national data that confirms some of these lessons from prior studies. In the subset of Southeast Asian countries, the most recent data indicate that intellectual property rights are relatively more important and culture is relatively less important for patents. We discuss implications for future research, as well as lessons for policy makers.
- Sprache
-
Englisch
- Erschienen in
-
Series: ADBI Working Paper ; No. 793
- Klassifikation
-
Wirtschaft
Asset Pricing; Trading Volume; Bond Interest Rates
Information and Market Efficiency; Event Studies; Insider Trading
General Financial Markets: Government Policy and Regulation
Business and Securities Law
- Thema
-
law
culture
innovation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Cumming, Douglas
Johan, Sofia
- Ereignis
-
Veröffentlichung
- (wer)
-
Asian Development Bank Institute (ADBI)
- (wo)
-
Tokyo
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Cumming, Douglas
- Johan, Sofia
- Asian Development Bank Institute (ADBI)
Entstanden
- 2017
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