Date of Publication

5-30-2021

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Applied Economics major in Industrial Economics

Subject Categories

Economics

College

School of Economics

Department/Unit

Economics

Thesis Advisor

Marites Tiongco

Defense Panel Chair

Arlene Inocencio

Defense Panel Member

Mitzie Irene Conchada
Alellie Sobreviñas
Renz Adrian Calub

Abstract/Summary

Throughout time and history, corruption has always been a prevalent occurrence. One of its most common forms is bribery, known as the act of giving or offering something of value to solicit a favorable response from another individual. While research has established that bribery is caused by various socio-economic and institutional factors, there remains a considerable question as to what extent it can positively affect the business environment. Furthermore, bribery also affects innovation, as it indicates firm performance and activity. This paper aims to build on the existing literature on bribery and its effects on the innovation of firms through the analysis of firm-level data from the World Bank Enterprise Surveys (WBES). A two stage least squares regression model was constructed to capture the determinants of bribery and the effect of bribery on innovation. It was shown that there were varying results depending on the country and indicator of innovation used. Overall, bribe was significant to firms that used licensed technology and email in Indonesia, developed new products and process innovation in Malaysia, and firms that used email in Vietnam.

Abstract Format

html

Language

English

Format

Electronic

Physical Description

85 leaves, color illustrations

Keywords

Bribery; Business enterprises—Finance

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Embargo Period

6-4-2023

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