AbstractDo perceived obstacles about corruption matter for Indian firms when it comes to their probability to innovate? Using World Bank Enterprise Survey firm-level data, we show that a unit rise in corruption perception of firms in India lowers innovation rate by about 1 percent. The result is important in terms of policy implementation because recent studies have shown that perceived obstacles can affect firms’ probability to innovate. Such analysis is missing in the Indian context where both big and petty corruption is rampant. Our results further show that perceptions about financial barriers matter only when firms also view corruption to be bad. Perceived difficulty in accessing credit in conjunction with corruption perception lowers probability of innovation by 4 percent. This is also true for nonfinancial perceived obstacles of firms. The results remain robust to alternate identification strategies.

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创新和感知腐败：印度的企业层面分析

摘要就印度公司的创新可能性而言，他们认为腐败的障碍是否重要？使用世界银行企业调查公司层面的数据，我们表明印度公司的腐败认知度每上升一个单位，创新率就会降低约 1%。结果对于政策实施很重要，因为最近的研究表明，感知障碍会影响公司创新的可能性。在大腐败和小腐败猖獗的印度，这种分析是缺失的。我们的结果进一步表明，只有当公司也认为腐败是坏事时，对财务障碍的看法才重要。获得信贷的感知困难与腐败感知相结合将创新的可能性降低了 4%。对于公司的非财务感知障碍也是如此。