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Research Paper | Economics | Turkey | Volume 4 Issue 7, July 2015 | Rating: 6.8 / 10
Economic Freedom and Innovation
Abstract: This article emphasizes the influence of country-level economic freedoms on innovation. Using data on 139 countries, this paper examines the role of economic freedoms that influence a countrys innovation level. The empirical findings confirm that property rights, freedom from corruption, fiscal freedom, business freedom, trade freedom, investment freedom, and financial freedom all influence a countrys innovation level. The main goal is to emphasize the importance of economic freedoms in devising alternative policy recommendations for innovation-enhancing activities.
Keywords: Innovation, Economic Freedoms
Edition: Volume 4 Issue 7, July 2015,
Pages: 1806 - 1809