Abstract
In this paper, we probe the relationship between institutions and internationally oriented innovation. For the first time, we use Patent Cooperation Treaty statistics as a new source of national-level data on the inventive activities of internationally oriented innovators, which we refer to as “global innovators.” One third of global innovators are small- and medium-sized enterprises (SMEs). We apply these new data and investigate the effects of corruption and business climate on patenting activity. It is ascertained herein that the inventive activity of global innovators has a linear relationship with institutional factors, while there is no observed relationship between the quality of the institutional environment and PCT patenting by multinational enterprises (MNEs).
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
