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and innovation. Methodology/approach We empirically examine the link between corruption and innovation within the … environment of Russia. The use of data on foreign direct investment (FDI) from both emerging and developed markets provides us an … with high political risk, corruption may act as a hedge against such risks, boosting the scope and scale of innovation. We …
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reduce local corruption and stimulate firms' investment in R&D and training to this day. We identify a causal effect by …
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