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Analyzing institutional factors influencing the national innovation system

Shiwangi Singh (Strategy and Entrepreneurship Area, Indian Institute of Management Ranchi, Ranchi, India)
Sanjay Dhir (Department of Management Studies, Indian Institute of Technology Delhi, New Delhi, India)
Vellupillai Mukunda Das (Marketing Area, Chandragupt Institute of Management Patna, Patna, India)
Anuj Sharma (Information Systems and Analytics Area, Jindal Global Business School, O.P. Jindal Global University, Sonipat, India)

Journal of Science and Technology Policy Management

ISSN: 2053-4620

Article publication date: 15 April 2024




While extant literature explores the influence of institutions on the national innovation system (NIS), most research has either focused on specific institutional aspects or treated institutions as a unified entity. This study aims to examine the effect of various institutional factors on a country’s NIS.


The conceptual model was empirically validated using regression analysis. The study sample comprised a total of 84 countries.


This study identifies and empirically validates a comprehensive set of institutional factors. It also highlights the significant institutional factors (including political stability, government effectiveness, ease of resolving insolvency and the rule of law) that can help improve a country’s NIS.


The research provides practical implications for organizations and policymakers seeking to understand and foster an innovative culture within the NIS. Policymakers are encouraged to develop a nurturing environment within the NIS by focusing on significant institutional factors. Organizations are encouraged to closely monitor developments in the NIS of a country to make informed strategic decisions at the business, corporate and international levels.



This work is supported by the Indian Institute of Technology Delhi, India (Project Number RP03528).


Singh, S., Dhir, S., Mukunda Das, V. and Sharma, A. (2024), "Analyzing institutional factors influencing the national innovation system", Journal of Science and Technology Policy Management, Vol. ahead-of-print No. ahead-of-print.



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