Akcigit, Ufuk; Baslandze, Salomé; Lotti, Francesca - 2020
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 … 2014, where we merge: (i) firm-level balance sheet data, (ii) social security data on the universe of workers, (iii) patent …