Lee Weng Chang

Xiamen University Malaysia · School of Economics and Management

The characteristics of one's neighborhood have a significant impact on life satisfaction in older people, as a properly designed neighborhood can support aging in place. Although there are various aspects subsumed under neighborhood environment, this study examines perceived and objective neighborhood environmental characteristics, such as accessib...

Studies show that the impact of financial markets on innovation is mixed. This paper examines whether financial development can help explain the pace of innovation in 68 developed and developing countries during 1995‒2018. By utilizing panel data and incorporating market institutions (market creating, market regulating, market stabilizing, and mark...

This paper examines the non-linear relationship between financial development and innovation using panel system generalized method of moments (GMM) estimators. The sample countries consist of 75 developed and developing countries and the sample period covers from 1996 through 2010. The empirical results reveal an inverted U-shaped non-linear relati...

This paper investigates the roles of formal institutions and social capital in countries’ innovation activities. The sample consists of 62 developed and developing countries, using the ordinary least squares robust standard error estimations, instrumental variable (IV) estimators, and quantile regression. The empirical results indicate that formal...

This paper analyses the impact of institutions on the innovation level of countries. This analysis is performed by segregating the dimension of institution into two, namely formal institutions and informal institutions. Using samples of 62 cross-section countries and employing robust standard error ordinary least squares (OLS) estimation, this stud...