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Connecting to Power : Political Connections, Innovation, and Firm Dynamics

Akcigit, Ufuk; Baslandze, Salomé; Lotti, Francesca - 2018

Do political connections affect firm dynamics, innovation, and creative destruction? We study Italian firms and their … confirm using a regression discontinuity design. We build a firm dynamics model, where we allow firms to invest in innovation …

Persistent link: https://www.econbiz.de/10014110987

Connecting to power : political connections, innovation, and firm dynamics

Akcigit, Ufuk; Baslandze, Salomé; Lotti, Francesca - 2022

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 …

Persistent link: https://www.econbiz.de/10014240947

The role of entrepreneurial human capital as a driver of endogenous economic growth

Ehrlich, Isaac; Li, Dunli; Liu, Zhiqiang - 2017

Persistent link: https://www.econbiz.de/10011734465

The role of entrepreneurial human capital as a driver of endogenous economic growth

Ehrlich, Isaac; Li, Dunli; Liu, Zhiqiang - 2017

We model investment in entrepreneurial human capital (EHC) - the representative enterprise's share of production capacity allocated to investment in innovative industrial and commercial knowledge - as a distinct channel through which firm-specific human capital drives endogenous growth. Our...

Persistent link: https://www.econbiz.de/10011734505