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The influence of culture and transparency on global research and development intensity: An overview across Europe

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  • Ilídio Tomás Lopes

    (Instituto Universitário de Lisboa, Business Research Unit, Portugal)

  • Rogério MarquesSerrasqueiro

    (Instituto Universitário de Lisboa, Business Research Unit, Portugal)

Abstract

Culture and transparency can be described as a set of beliefs, norms, and actions, which drive the human action into innovativeness. Over the centuries, those pillars have driven individuals, groups, organizations, and nations, into the most complex networking schemes. It seems now unquestionable that those beliefs and policies, affect both private and public organizations, driving them across innovation wages in a more incremental or radical way. The dependent variable in this research (R&D) embodies the disbursements in research and development, carried out by business enterprise and public sector, and by education institutions. Thus, this research aims to mainly explore the effect of culture and transparency, as drivers of business attractiveness, on global R&D intensity. Using information from 31 European countries over the period 2010–2014, total R&D expenditures were regressed against several variables such as the Hofstede's cultural dimensions, the public sector transparency index, and other aggregated variables. Most of the theoretical assumptions are now supported by our empirical outcomes. Culture and transparency can act as attractiveness drivers, for business sector organizations and for other private and public institutions, toward the implementation of knowledge transformation mechanisms and intellectual capital achievements.

Suggested Citation

  • Ilídio Tomás Lopes & Rogério MarquesSerrasqueiro, 2017. "The influence of culture and transparency on global research and development intensity: An overview across Europe," Contaduría y Administración, Accounting and Management, vol. 62(4), pages 1408-1422, Octubre-D.
    • Handle: RePEc:nax:conyad:v:62:y:2017:i:4:p:1408-1422
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    Cited by:

    1. Marinko Skare & Beata Gavurova & Martin Rigelsky, 2024. "Transforming power of research and development on inequality and well-being: a European Union perspective within the circular economy framework," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-16, December.
    2. Vincent Mabillard & Renaud Vuignier, 2021. "Exploring the relationship between transparency, attractiveness factors, and the location of foreign companies: what matters most?," Place Branding and Public Diplomacy, Palgrave Macmillan, vol. 17(4), pages 304-316, December.

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    More about this item

    Keywords

    Knowledge; Innovation; Research and development; Culture; Transparency; Europe;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General

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