The impact of democratic transitions on innovation. An empirical panel analysis of 168 countries from 1960-2019.
This thesis empirically examines the impact of democratic transitions on innovation using a difference-in-differences method on a panel of 168 countries from 1960 to 2019. Patents, R&D expenditure, and scientific articles are employed as proxies for innovation. The results indicate that democratisations have a positive effect on patents. This association is significant for permanent democratis