S-WoPEc
 
Scandinavian Working Papers in Economics
HomeAboutSeriesSubject/JEL codesAdvanced Search
Stockholm China Economic Research Institute, Stockholm School of Economics Stockholm School of Economics Asia Working Paper Series

No 2017-46:
How Beliefs Influence Behavior: Confucianism and Innovation in China

Xunan Feng, Zhi Jin and Anders C. Johansson ()

Abstract: Previous studies have studied how religious beliefs may affect economic activity. We extend this literature by examining how Confucianism is linked to innovative activities at the firm level in China. We analyze the relationship between Confucianism and several proxies for inputs and outputs of innovative activities. Our results show that Confucianism is significantly related to lower levels of innovative activities regardless of which measure for firm-level innovation we use. We also find that type of ultimate ownership influences this relationship, with innovation among state-controlled firms being significantly more affected by Confucianism. This study thus adds to the understanding of how traditional belief systems influence behavior at the firm level.

Keywords: Confucianism; Beliefs; Religion; Innovation; R&D; Patents; China; (follow links to similar papers)

JEL-Codes: O30; Z10; (follow links to similar papers)

38 pages, November 16, 2017

Before downloading any of the electronic versions below you should read our statement on copyright.
Download GhostScript for viewing Postscript files and the Acrobat Reader for viewing and printing pdf files.

Full text versions of the paper:

hascer2017-046.pdf    PDF-file (641kB) 
Download Statistics

Questions (including download problems) about the papers in this series should be directed to NanHee Lee ()
Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design by Joachim Ekebom

Handle: RePEc:hhs:hascer:2017-046 This page was generated on 2017-11-20 10:32:40