Ovtchinnikov, Alexei; Reza, Syed - HEC Paris (École des Hautes Études Commerciales) - 2014
Political activism positively affects firm innovation. Firms that support more politicians, politicians on … activism on innovation. The results are consistent with the hypothesis that political activism is valuable because it helps … reduce policy uncertainty, which, in turn, fosters firm innovation. Also consistent with this hypothesis, we show that …