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 … from the European Patent Office; (iv) the national registry of local politicians; and (v) detailed data on local elections …

Do political connections affect firm dynamics, innovation, and creative destruction? We study Italian firms and their … European Patent Office; (iv) the national registry of local politicians; and (v) detailed data on local elections in Italy. We … firms to invest in innovation and/or political connection to advance their productivity and to overcome certain market …

How do political connections affect firm dynamics, innovation, and creative destruction? We extend a Schumpeterian … how political connections influence an economy's business dynamism and innovation, and generate a number of implications …, workers, and politicians, supplemented by corporate financial statements, patent and election data, so as to define connected …

Do political connections affect firm dynamics, innovation, and creative destruction? We study Italian firms and their … European Patent Office; (iv) the national registry of local politicians; and (v) detailed data on local elections in Italy. We … confirm using a regression discontinuity design. We build a firm dynamics model, where we allow firms to invest in innovation …