Bureaucratic Culture and Innovation  

作　　者：Shigang Li Kexin She Li Zhang 

机构地区：[1]International School of Business and Finance,Sun Yat-sen University,China [2]National School of Development,Peking University,China [3]International School of Business and Finance,Key Laboratory of Mesoeconomics and Coordinated Development of Regions and Industries,Sun Yat-sen University,China

出　　处：《China & World Economy》2024年第3期31-66,共36页中国与世界经济（英文版）

基　　金：support from the National Social Science Foundation of China(No.22&ZD062);the National Natural Science Foundation of China(Nos.72373168 and 71973158);the Research Program of Humanities and Social Sciences of the Ministry of Education of China(No.18YJC790089);the Social Science Foundation of Guangdong province(No.GD22TWCXGC04).

摘　　要：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.

关 键 词：bureaucratic culture corporate innovation economic growth talent allocation 

分 类 号：F124.3[经济管理—世界经济]