IDEAS home Printed from https://ideas.repec.org/a/ris/integr/0946.html
   My bibliography  Save this article

A Matter of Survival: Development Through Innovation

Author

Listed:
  • Abdoulganiour Almame, Tinta

    (Joseph Ki-ZERBO University, Ouagadougou, Burkina Faso)

Abstract

This paper examines innovation by emphasizing the role of Global value chains (GVCs) and financial development. Using data from 25,690 firms from the World Bank’s Enterprise Surveys (WBES) from 2006 to 2023, extended probit and two-step probit selection models are constructed. The findings show that engaging in GVCs is essential to innovation, with financial development playing a moderating role. Moreover, in addition to participation in GVCs and financial development, human capital is the main driver of innovation. Firm age, top manager experience, firm size, sector of activity, and competition against informal or unregistered firms positively affect a firm’s decision to innovate. However, instrumenting the quality of institutions, business environment, and energy constraints, political instability is a key impediment to innovation even if firms join GVCs and have access to finance.

Suggested Citation

  • Abdoulganiour Almame, Tinta, 2025. "A Matter of Survival: Development Through Innovation," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 40(2), pages 315-348.
    • Handle: RePEc:ris:integr:0946
    as

    Download full text from publisher

    File URL: https://www.e-jei.org
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Innovation; Global Value Chains; Human Capital; Financial Development;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:integr:0946. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Yunhoe Kim (email available below). General contact details of provider: https://edirc.repec.org/data/desejkr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.