This article explores the linkage between foreign direct investment, grand corruption (that is, state capture) and innovation in Russia's regions in between 1997 and 2010. The results indicate that during the period under investigation both foreign direct investment and state capture were the significant determinants of innovation outcome. What is also interesting is that a positive impact of state capture on innovation through foreign firms, and a negative impact—through exporting—was observed.
Bibliographical noteMy research applies theories and concepts related to international business, innovation and entrepreneurship. My research interests include technological learning, innovation, entrepreneurship and creativity. I have a special interest in disruptive technologies currently research the effect of artificial intelligence on different sectors and industries.
- State capture