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Does Trust Affect Innovation through Promoting Collaboration in OECD Countries? Cross-country Analysis and Case Studies in Sweden and Japan

Arai, Jiro LU (2019) EKHS32 20191
Department of Economic History
Abstract
Trust has attracted academic attention as the crucial social capital to foster economic development. Especially in analysing today’s knowledge-based economy, the influential role of trust on innovation has been studied by many researchers due to the favourable feature of trust in accelerating knowledge exchange and collaboration in innovation networks. However, the quantitative relationship between the level of trust in a country, the degree of collaboration on innovative activity, and innovation performance at the country level is still ambiguous, because the previous studies have seldom analysed the relationship using the right measurement of innovation output while taking into account the effects of trust on innovation networks on a... (More)
Trust has attracted academic attention as the crucial social capital to foster economic development. Especially in analysing today’s knowledge-based economy, the influential role of trust on innovation has been studied by many researchers due to the favourable feature of trust in accelerating knowledge exchange and collaboration in innovation networks. However, the quantitative relationship between the level of trust in a country, the degree of collaboration on innovative activity, and innovation performance at the country level is still ambiguous, because the previous studies have seldom analysed the relationship using the right measurement of innovation output while taking into account the effects of trust on innovation networks on a national scale. This study contributes the academic discussion in several ways through a combination of quantitative and qualitative methods. First, the current quantitative cross-section model analysis of OECD member countries from 2006 to 2014 provides further support for the idea that the degree of trust in countries, using data from the World Values Survey, has a positive influence on innovation, as measured the ratio of small and medium-sized enterprises (SMEs) which have experienced new or improved goods or services that differ significantly from the firm's previous goods or services and that have been introduced on the market. The qualitative analysis comparing Sweden and Japan also indicates that high-trust countries have an advantage over lower-trust countries in promoting innovation. Second, although the quantitative analysis indicates that participation in global innovation networks contributes to promoting innovation, both the quantitative and the qualitative analysis cannot fully support the idea that trust has a positive impact on facilitating collaboration for innovation, as measured the ratio of SMEs collaborating on innovation with other organisations. (Less)
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author
Arai, Jiro LU
supervisor
organization
course
EKHS32 20191
year
type
H2 - Master's Degree (Two Years)
subject
keywords
Trust, Innovation, Collaboration, Global Innovation Networks, Sweden, Japan
language
English
id
8984598
date added to LUP
2019-08-22 08:29:12
date last changed
2019-08-22 08:29:12
@misc{8984598,
  abstract     = {{Trust has attracted academic attention as the crucial social capital to foster economic development. Especially in analysing today’s knowledge-based economy, the influential role of trust on innovation has been studied by many researchers due to the favourable feature of trust in accelerating knowledge exchange and collaboration in innovation networks. However, the quantitative relationship between the level of trust in a country, the degree of collaboration on innovative activity, and innovation performance at the country level is still ambiguous, because the previous studies have seldom analysed the relationship using the right measurement of innovation output while taking into account the effects of trust on innovation networks on a national scale. This study contributes the academic discussion in several ways through a combination of quantitative and qualitative methods. First, the current quantitative cross-section model analysis of OECD member countries from 2006 to 2014 provides further support for the idea that the degree of trust in countries, using data from the World Values Survey, has a positive influence on innovation, as measured the ratio of small and medium-sized enterprises (SMEs) which have experienced new or improved goods or services that differ significantly from the firm's previous goods or services and that have been introduced on the market. The qualitative analysis comparing Sweden and Japan also indicates that high-trust countries have an advantage over lower-trust countries in promoting innovation. Second, although the quantitative analysis indicates that participation in global innovation networks contributes to promoting innovation, both the quantitative and the qualitative analysis cannot fully support the idea that trust has a positive impact on facilitating collaboration for innovation, as measured the ratio of SMEs collaborating on innovation with other organisations.}},
  author       = {{Arai, Jiro}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Does Trust Affect Innovation through Promoting Collaboration in OECD Countries? Cross-country Analysis and Case Studies in Sweden and Japan}},
  year         = {{2019}},
}