Analyzing institutional factors influencing the national innovation system

Singh, Shiwangi, Dhir, Sanjay, Mukunda Das, Vellupillai and Sharma, Anuj (2024) Analyzing institutional factors influencing the national innovation system. Journal of Science and Technology Policy Management. ISSN 2053-4620 (In Press)

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While extant literature explores the influence of institutions on the national innovation system (NIS), most research has either focused on specific institutional aspects or treated institutions as a unified entity. This study aims to examine the effect of various institutional factors on a country’s NIS.

The conceptual model was empirically validated using regression analysis. The study sample comprised a total of 84 countries.

This study identifies and empirically validates a comprehensive set of institutional factors. It also highlights the significant institutional factors (including political stability, government effectiveness, ease of resolving insolvency and the rule of law) that can help improve a country’s NIS.

The research provides practical implications for organizations and policymakers seeking to understand and foster an innovative culture within the NIS. Policymakers are encouraged to develop a nurturing environment within the NIS by focusing on significant institutional factors. Organizations are encouraged to closely monitor developments in the NIS of a country to make informed strategic decisions at the business, corporate and international levels.

Item Type: Article
Keywords: Government effectiveness | National innovation system | Political stability | Resolving insolvency | Starting business
Subjects: Social Sciences and humanities > Social Sciences > Education Research
Social Sciences and humanities > Social Sciences > Social Sciences (General)
JGU School/Centre: Jindal Global Business School
Depositing User: Subhajit Bhattacharjee
Date Deposited: 16 Apr 2024 13:35
Last Modified: 16 Apr 2024 13:35
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