reaching the right tails of the firm size and innovation distributions. Furthermore, outcomes are better for startups matched …

How do political connections affect firm dynamics, innovation, and creative destruction? To answer this question, we … build a firm dynamics model, where we allow firms to invest in innovation and/or political connection to advance their …

capitalistic economy. These cycles, inherent to the rise of innovation, are an unavoidable consequence of the way in which markets … played by finance in fostering innovation, in defining bank credit as the monetary complement of innovation. Nevertheless, we … feel that the connection between innovation and firm financing has seldom been examined from a theoretical standpoint, not …