quality, follow-on innovation. Winning a first patent boosts a startup's subsequent growth and innovation by facilitating …We provide evidence on the value of patents to startups by leveraging the random assignment of applications to … examiners with different propensities to grant patents. Using unique data on all first-time applications filed at the U …

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 …

quality, follow-on innovation. Winning a first patent boosts a startup’s subsequent growth and innovation by facilitating …We provide evidence on the value of patents to startups by leveraging the quasi-random assignment of applications to … examiners with different propensities to grant patents. Using unique data on all first-time applications filed at the U …

Do political connections affect firm dynamics, innovation, and creative destruction? We study Italian firms and their …: (i) firm-level balance sheet data; (ii) social security data on the universe of workers; (iii) patent data from the … European Patent Office; (iv) the national registry of local politicians; and (v) detailed data on local elections in Italy. We …