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 …

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 …

explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially …

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 …

. Importantly, the theoretical model captures the strategic behavior between competing firms, its effect on their innovation …