Submitted:
05 October 2025
Posted:
06 October 2025
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Abstract
Keywords:
1. Introduction
2. Material and Methods
| Variable | Obs | Mean | Std. Dev. | Min | Max |
| Patent applications | 420 | 95 | 211 | 1 | 1804 |
| YouTube (%) | 686 | 3.7 | 5.5 | .01 | 48.1 |
| Internet (% of population) | 686 | 22.5 | 20.7 | 0.3 | 89.9 |
| GDP per capita (current US$) | 686 | 2,495 | 3,146 | 199 | 19,142 |
| Value added manufacturing industry (% annual growth) | 644 | 3.4 | 8.2 | -43.8 | 72.6 |
| Government expenditure on education (% GDP) | 644 | 4 | 1.9 | .35 | 10.8 |
| Procedures to register start-ups (number) | 686 | 9 | 3. | 3 | 18 |
| Imports of goods and services (%) | 644 | 6.4 | 19.9 | -94.7 | 328.7 |
Control Variables Acting as Confounders
3. Results
4. Discussion
5. Conclusion
| 1 | This study estimated an ordinary least squares estimator (OLS) for equation 1 as well as Variance Inflation Factor (VIF) for all independent and control variables. All the variables showed VIF values less than 5 indicating minimal to no multicollinearity. |
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| Confounding variables | Effect of confounding variable on the relationship between innovation and social media platforms |
|---|---|
| GDP per capita | Reflects a country’s wealth and economic capacity, with wealthier nations more likely to invest in R&D, education, and digital infrastructure, thereby boosting innovation, digital platform adoption (Robison & Acemoglu, 2012; Muninger et al., 2022), and social media growth (Song et al., 2024). Omitting this control could lead to upwardly biased estimates. |
| Government expenditure on education spending | Stronger education funding enhances human capital, boosting R&D, patenting, scientific output, and the pool of skilled users active on social media (Yu & Tingtin, 2023; Ahmad, 2023). |
| Internet | Captures access to social media platforms and broader knowledge diffusion, both of which influence innovation adoption, making it a key confounder (Muninger et al., 2022; Zondo & Ndoro, 2023). |
| Value added manufacturing industry | Manufacturing value-added captures industrial activity that drives technological upgrading and innovation while increasing demand for digital networks, creating a potential back-door link between social media use and innovation (Ding et al., 2021). |
| (1) | (2) | (3) | (4) | |
| VARIABLES | Patent | Patent1 | Patent2 | Patent3 |
| YouTube (%) | 0.00405* | 0.00431* | 0.00435* | 0.00489 |
| (0.00212) | (0.00214) | (0.00231) | (0.00407) | |
| (0.0230) | (0.0231) | (0.0250) | (0.0372) | |
| GDP per capita (log) | 0.0203 | 0.0277 | 0.112 | 0.0823 |
| (0.0775) | (0.0796) | (0.104) | (0.111) | |
| Value added manufacturing industry (% annual growth) | -0.000349 | -0.000632 | 0.000204 | 0.00351 |
| (0.00199) | (0.00218) | (0.00159) | (0.00268) | |
| Internet (% of population) | -0.00384** | -0.00372** | -0.00293** | -0.00383 |
| (0.00139) | (0.00136) | (0.00117) | (0.00225) | |
| Government expenditure on education (% GDP) | 0.0194 | 0.0218 | 0.0265 | 0.0355 |
| (0.0237) | (0.0236) | (0.0217) | (0.0330) | |
| Procedures to register start-ups (number) | -0.00754 | -0.00666 | -0.0138 | -0.00359 |
| (0.0105) | (0.0102) | (0.00918) | (0.0109) | |
| Imports of goods and services (%) | 0.00644** | 0.00368 | ||
| (0.00222) | (0.00256) | |||
| 2010.Year | 0.0229 | 0.0203 | 0.0559 | 0.0520 |
| (0.0746) | (0.0754) | (0.0809) | (0.0952) | |
| 2011.Year | -0.131 | -0.144 | -0.140 | -0.121 |
| (0.0869) | (0.0878) | (0.0938) | (0.109) | |
| 2012.Year | 0.121 | 0.117 | 0.143 | 0.189* |
| (0.0858) | (0.0847) | (0.0899) | (0.102) | |
| 2013.Year | -0.0128 | 0.00282 | 0.0241 | 0.00768 |
| (0.0963) | (0.0947) | (0.0989) | (0.110) | |
| 2014.Year | 0.0494 | 0.0413 | 0.0563 | 0.0434 |
| (0.0990) | (0.0973) | (0.103) | (0.116) | |
| 2015.Year | 0.193* | 0.198** | 0.192* | 0.218* |
| (0.0956) | (0.0890) | (0.0890) | (0.104) | |
| 2016.Year | 0.164* | 0.166* | 0.192* | 0.190 |
| (0.0879) | (0.0817) | (0.0892) | (0.109) | |
| 2017.Year | 0.226** | 0.220** | 0.241** | 0.263** |
| (0.0825) | (0.0779) | (0.0903) | (0.101) | |
| 2018.Year | 0.365*** | 0.360*** | 0.327*** | 0.341*** |
| (0.0766) | (0.0760) | (0.0874) | (0.0972) | |
| 2019.Year | 0.0555 | 0.0369 | -0.00608 | 0.0306 |
| (0.0802) | (0.0858) | (0.0881) | (0.0976) | |
| 2020.Year | 0.303*** | 0.299*** | 0.265*** | 0.328*** |
| (0.0684) | (0.0555) | (0.0589) | (0.0914) | |
| 2021.Year | 0.347*** | 0.336*** | 0.335*** | 0.380*** |
| (0.0903) | (0.0844) | (0.0816) | (0.118) | |
| 2022.Year | 0.206** | 0.195** | 0.143* | 0.186 |
| (0.0834) | (0.0675) | (0.0738) | (0.124) | |
| Constant | 0.947 | 0.420 | 0.273 | -1.176 |
| (1.148) | (1.321) | (1.022) | (1.228) | |
| Observations | 420 | 406 | 378 | 322 |
| Number of groups | 30 | 29 | 27 | 23 |
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