“GREASING” OR “SANDING-THE-WHEELS”? AN EMPIRICAL ASSESSMENT ON THE IMPACT OF CORRUPTION ON FIRM INNOVATION IN CHINA
Corruption is generally considered to affect firm innovation negatively. Yet recent scholarship is indicating that corruption may yield positive effects on innovation practices by removing certain barriers associated with starting up or operating businesses. The differing perspectives on the impact of corruption on firm innovation have engendered two contrasting hypotheses: the ‘sand-the-wheels’ a
