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

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Cited by:

  1. Nguyen Cong Thanh & Nguyen Hoang Hai & Nguyen Hoang Phu & Minh Ly Duc, 2024. "“Shall Absolute Power Corrupt Absolutely?†: A Perspective From Financial Constraints and Earnings Quality Under Government Control," SAGE Open, , vol. 14(3), pages 21582440241, July.
  2. Diegmann, André & Pohlan, Laura & Weber, Andrea, 2024. "Do Politicians Affect Firm Outcomes? Evidence from Connections to the German Federal Parliament," IZA Discussion Papers 17031, Institute of Labor Economics (IZA).
  3. Lamberova, Natalia, 2021. "The puzzling politics of R&D: Signaling competence through risky projects," Journal of Comparative Economics, Elsevier, vol. 49(3), pages 801-818.
  4. Monica Martinez-Bravo & Leonard Wantchekon, 2021. "Political Economy and Structural Transformation: Democracy, Regulation and Public Investment," Working Papers wp2021_2110, CEMFI.
  5. Bai, Caiquan & Xie, Dongshui & Zhang, Yuwei, 2024. "Industrial land transfer and enterprise pollution emissions: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 181-194.
  6. Di Addario, Sabrina & Kline, Patrick & Saggio, Raffaele & Sølvsten, Mikkel, 2023. "It ain’t where you’re from, it’s where you’re at: Hiring origins, firm heterogeneity, and wages," Journal of Econometrics, Elsevier, vol. 233(2), pages 340-374.
  7. Alexandra Pripadcheva & Dmitriy Veselov, 2021. "Social Mobility And Preferences For Open Access Societies," HSE Working papers WP BRP 250/EC/2021, National Research University Higher School of Economics.
  8. Joonkyu Choi & Veronika Penciakova & Felipe Saffie, 2021. "Political Connections, Allocation of Stimulus Spending, and the Jobs Multiplier," Finance and Economics Discussion Series 2021-005r1, Board of Governors of the Federal Reserve System (U.S.), revised Jul 2021.
  9. Wan, Lihong & Zhang, Panpan & Lin, Qi, 2023. "The loss of political connections and corporate financialization," Finance Research Letters, Elsevier, vol. 57(C).
  10. Yu-Hong Ai & Di-Yun Peng & Huan-Huan Xiong, 2021. "Impact of Environmental Regulation Intensity on Green Technology Innovation: From the Perspective of Political and Business Connections," Sustainability, MDPI, vol. 13(9), pages 1-23, April.
  11. Bessonova, Evguenia, 2023. "Firms’ efficiency, exits and government procurement contracts," European Journal of Political Economy, Elsevier, vol. 76(C).
  12. Hallward-Driemeier,Mary C. & Kochanova,Anna & Rijkers,Bob, 2020. "Does Democratization Promote Competition? : Indonesian Manufacturing Pre and Post Suharto," Policy Research Working Paper Series 9112, The World Bank.
  13. Matilde Cappelletti & Leonardo M. Giuffrida, 2024. "Targeted Bidders in Government Tenders," CESifo Working Paper Series 11142, CESifo.
  14. Matilde Cappelletti & Leonardo M. Giuffrida & Gabriele Rovigatti, 2024. "Procuring Survival," Journal of Industrial Economics, Wiley Blackwell, vol. 72(4), pages 1451-1506, December.
  15. Michal Andrle & Shafik Hebous & Alvar Kangur & Mehdi Raissi, 2021. "Italy: toward a growth-friendly fiscal reform," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 38(1), pages 385-420, April.
  16. Huang, Shaoqing & Xie, Weisi & Xu, Xiaoshu, 2024. "Bureaucracy-business relationship, corruption and the implications for marketization," Journal of Comparative Economics, Elsevier, vol. 52(3), pages 634-644.
  17. Lily Fang & Josh Lerner & Chaopeng Wu & Qi Zhang, 2018. "Corruption, Government Subsidies, and Innovation: Evidence from China," NBER Working Papers 25098, National Bureau of Economic Research, Inc.
  18. Jin, Xuejun & Chen, Zhenhao & Luo, Deming, 2019. "Anti-corruption, political connections and corporate responses: Evidence from Chinese listed companies," Pacific-Basin Finance Journal, Elsevier, vol. 57(C).
  19. Ran, Rong & Zhang, Jie & Yang, Xiaoran & Chen, Yejing, 2024. "Can technological diversity drive firm resilience? Evidence from Chinese listed firms," Journal of Business Research, Elsevier, vol. 183(C).
  20. Andrea Fracasso & Valentina Peruzzi & Chiara Tomasi, 2024. "Multiple banking relationships: the role of firm connectedness," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 33(5), pages 1231-1252.
  21. Yu, Xin & Zheng, Ying, 2019. "The value of political ties for firms experiencing enforcement actions: Evidence from China," The British Accounting Review, Elsevier, vol. 51(1), pages 24-45.
  22. Adamu Jibir & Hassan Zada & Musa Abdu & Naveed Khan, 2023. "Financial Development And Innovationled Economic Growth: Empirical Insight From Sub-Saharan Africa," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 68(237), pages 97-136, April – J.
  23. Michael Klein & Yibai Yang, 2024. "Blocking Patents, Rent Protection and Economic Growth"," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 52, pages 1-20, April.
  24. Michelson, Noam, 2023. "The revolving door of former civil servants and firm value: A comprehensive approach," European Journal of Political Economy, Elsevier, vol. 79(C).
  25. Gao, Ya & Li, Bing & Sun, Weizeng, 2023. "Resource curse on innovation: A perspective on local mining industry monopolies in resource-based cities in China," China Economic Review, Elsevier, vol. 81(C).
  26. Xie, Dongshui & Bai, Caiquan & Zhang, Yuwei, 2023. "Relation-based governance, financial crisis shock, and economic growth in China," Economic Modelling, Elsevier, vol. 129(C).
  27. Thomas Lambert & Wolf Wagner & Eden Quxian Zhang, 2023. "Banks, Political Capital, and Growth," The Review of Corporate Finance Studies, Society for Financial Studies, vol. 12(3), pages 613-655.
  28. Sabrina Di Addario & Michela Giorcelli & Agata Maida, 2024. "Women Inventors: The Legacy of Medieval Guilds," Development Working Papers 500, Centro Studi Luca d'Agliano, University of Milano.
  29. Akcigit, Ufuk & Goldschlag, Nathan, 2023. "Where Have All the "Creative Talents" Gone? Employment Dynamics of US Inventors," CEPR Discussion Papers 18035, C.E.P.R. Discussion Papers.
  30. Ufuk Akcigit & Stefanie Stantcheva, 2020. "Taxation and Innovation: What Do We Know?," NBER Chapters, in: Innovation and Public Policy, pages 189-212, National Bureau of Economic Research, Inc.
  31. Roberto Iorio & Maria Luigia Segnana, 2022. "Is paying bribes worthwhile? Corruption and innovation in middle-income countries," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 12(3), pages 475-504, September.
  32. Umaima Imran, 2025. "Misallocation of Resources, Political Connections and External Flows," LCERPA Working Papers jc0151, Laurier Centre for Economic Research and Policy Analysis, revised Jan 2025.
  33. Murat Alp Celik & Xu Tian, 2023. "Agency Frictions, Managerial Compensation, and Disruptive Innovations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 16-38, December.
  34. Díez, Federico J. & Fan, Jiayue & Villegas-Sánchez, Carolina, 2021. "Global declining competition?," Journal of International Economics, Elsevier, vol. 132(C).
  35. Canen, Nathan & Ch, Rafael & Wantchekon, Leonard, 2023. "Political uncertainty and the forms of state capture," Journal of Development Economics, Elsevier, vol. 160(C).
  36. Stephanie Reitzinger & Astrid Pennerstorfer, 2021. "The size–growth relationship in the social services sector in Austria," Service Business, Springer;Pan-Pacific Business Association, vol. 15(3), pages 445-466, September.
  37. Bussolo, Maurizio & de Nicola, Francesca & Panizza, Ugo & Varghese, Richard, 2022. "Politically connected firms and privileged access to credit: Evidence from Central and Eastern Europe," European Journal of Political Economy, Elsevier, vol. 71(C).
  38. Maurizio Bussolo & Simon Commander & Stavros Poupakis, 2023. "Political connections and firms: network dimensions," Oxford Economic Papers, Oxford University Press, vol. 75(1), pages 256-280.
  39. Jordan, David, 2023. "Failing to level up? Industrial policy and productivity in interwar Northern Ireland," QUCEH Working Paper Series 23-04, Queen's University Belfast, Queen's University Centre for Economic History.
  40. Sabrina Di Addario & Patrick Kline & Raffaele Saggio & Mikkel Soelvsten, 2022. "It ain't where you're from it's where you're at: firm effects, state dependence, and the gender wage gap," Temi di discussione (Economic working papers) 1374, Bank of Italy, Economic Research and International Relations Area.
  41. Andrea Cintolesi, 2024. "‘Keep friends close, but enemies closer’: connections and political careers," Public Choice, Springer, vol. 200(1), pages 257-284, July.
  42. Josh Lerner, 2020. "Government Incentives for Entrepreneurship," NBER Chapters, in: Innovation and Public Policy, pages 213-235, National Bureau of Economic Research, Inc.
  43. Dmitry Veselov & Alexander Yarkin, 2024. "Lobbying for Industrialization: Theory and Evidence," Working Papers 0260, European Historical Economics Society (EHES).
  44. David Jordan, 2023. "Macroeconomic Perspectives on Productivity," Working Papers 031, The Productivity Institute.
  45. Chen, Shuo & Yan, Xun & Yang, Bo, 2020. "Move to success? Headquarters relocation, political favoritism, and corporate performance," Journal of Corporate Finance, Elsevier, vol. 64(C).
  46. Krammer, Sorin M.S. & Jiménez, Alfredo, 2020. "Do political connections matter for firm innovation? Evidence from emerging markets in Central Asia and Eastern Europe," Technological Forecasting and Social Change, Elsevier, vol. 151(C).
  47. Villegas-Sanchez, Carolina & Díez, Federico & Fan, Jiayue, 2019. "Global Declining Competition," CEPR Discussion Papers 13696, C.E.P.R. Discussion Papers.
  48. Alexandre, Fernando & Chaves, Miguel & Portela, Miguel, 2022. "Investment Grants and Firms' Productivity: How Effective Is a Grant Booster Shot?," IZA Discussion Papers 15779, Institute of Labor Economics (IZA).
  49. Zhuocheng Lu, 2024. "Political Connection and the Executive-employee Pay Gap: An Institutional Economics Perspective," Review of Economic Assessment, Anser Press, vol. 3(2), pages 16-34, June.
  50. Matteo Bugamelli & Francesca Lotti & Monica Amici & Emanuela Ciapanna & Fabrizio Colonna & Francesco D�Amuri & Silvia Giacomelli & Andrea Linarello & Francesco Manaresi & Giuliana Palumbo & Filippo , 2018. "Productivity growth in Italy: a tale of a slow-motion change," Questioni di Economia e Finanza (Occasional Papers) 422, Bank of Italy, Economic Research and International Relations Area.
  51. Niu, Peng & Sun, Kun & Sun, Lirong & Chang, Chao-Wen, 2024. "The political economy and green innovation: A scientometric analysis," Innovation and Green Development, Elsevier, vol. 3(2).
  52. Helian Xu & Shiqi Deng, 2024. "Digital Mergers and Acquisitions and Enterprise Innovation Quality: Analysis Based on Research and Development Investment and Overseas Subsidiaries," Sustainability, MDPI, vol. 16(3), pages 1-14, January.
  53. Xiaojuan Zhang & Yizhen Guo & Tiancheng Chi, 2025. "Navigating legal responsibilities in politically connected firms: Insights into the influence of directors' and officers' insurance on litigation risk," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 46(1), pages 545-559, January.
  54. Andrea De Meo & Lorenzo Ferrari, 2018. "Political Turnover and the Performance of Local Public Enterprises," CEIS Research Paper 438, Tor Vergata University, CEIS, revised 08 Aug 2018.
  55. David Argente & Salomé Baslandze & Douglas Hanley & Sara Moreira, 2020. "Patents to Products: Product Innovation and Firm Dynamics," FRB Atlanta Working Paper 2020-4, Federal Reserve Bank of Atlanta.
  56. Mauro Caselli & Paolo Falco, 2019. "Your Vote is (no) Secret! How Low Voter Density Harms Voter Anonymity and Biases Elections in Italy," EconPol Working Paper 26, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
  57. Sabrina Di Addario & Zhexin Feng & Michel Serafinelli, 2024. "Inventors’ Coworker Networks and Innovation," CESifo Working Paper Series 11432, CESifo.
  58. Hongjun Cao & Yuxin Fang & Jihui Sun, 2022. "A Study on the Impact of Institutional Support on the Servitization Transformation Performance of Manufacturing Firms—Based on a Dual Mediation Model of Business Model Innovation and Technological Inn," Sustainability, MDPI, vol. 14(21), pages 1-18, November.
  59. Li, Mingyan & Tang, Xuepeng & Yu, Linhui, 2024. "Economic policy uncertainty and the demand for labor: Evidence from the online job postings of Chinese firms," International Review of Economics & Finance, Elsevier, vol. 96(PA).
  60. Steven Callander & Dana Foarta & Takuo Sugaya, 2022. "Market Competition and Political Influence: An Integrated Approach," Econometrica, Econometric Society, vol. 90(6), pages 2723-2753, November.
  61. Caselli, Mauro & Falco, Paolo, 2022. "Your vote is (no) secret! How low voter density hurts anonymity and biases elections in Italy," European Journal of Political Economy, Elsevier, vol. 75(C).
  62. Mustafa F. Özbilgin & Cihat Erbil & Nur Gündoğdu, 2024. "Political tie diversity and inclusion at work in Asia: a critical view and a roadmap," Asian Business & Management, Palgrave Macmillan, vol. 23(3), pages 374-392, July.
  63. Mario Daniele Amore, 2020. "Innovation disclosure in times of uncertainty," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(4), pages 792-815, October.
  64. Matteo Ficarra, 2024. "Public Spending, Green Growth, and Corruption: a Local Fiscal Multiplier Analysis for Italian Provinces," IHEID Working Papers 11-2024, Economics Section, The Graduate Institute of International Studies.
  65. Barbara Annicchiarico & Valentina Antonaroli & Alessandra Pelloni, 2022. "Optimal factor taxation in a scale free model of vertical innovation," Economic Inquiry, Western Economic Association International, vol. 60(2), pages 794-830, April.
  66. Grdović Gnip, Ana, 2022. "All you need is political love? Assessing the effects of partisan favouritism in Croatia's public procurement," European Journal of Political Economy, Elsevier, vol. 75(C).
  67. Óscar Afonso & Pedro G. Lima & Tiago Sequeira, 2022. "The effects of automation and lobbying in wage inequality: a directed technical change model with routine and non-routine tasks," Journal of Evolutionary Economics, Springer, vol. 32(5), pages 1467-1497, November.
  68. Evguenia Bessonova & Anna Tsvetkova, 2019. "Productivity convergence trends within Russian industries: firm-level evidence," Bank of Russia Working Paper Series wps51, Bank of Russia.
  69. Cappelletti, Matilde & Giuffrida, Leonardo M., 2021. "Procuring survival," ZEW Discussion Papers 21-093, ZEW - Leibniz Centre for European Economic Research.
  70. Krammer, Sorin & Jimenez, Alfredo, 2019. "Do political connections matter for firm innovation? Evidence from emerging markets in Central Asia and Eastern Europe," MPRA Paper 94942, University Library of Munich, Germany.
  71. Meng, Shuang & Gomez-Mejia, Luis R. & Yi, Jingtao, 2024. "Political embeddedness, socioemotional wealth, and R&D investment in family firms: Evidence from China as a transition economy," Journal of Family Business Strategy, Elsevier, vol. 15(3).
  72. Marco Bertoni & Giorgio Brunello & Lorenzo Cappellari & Maria De Paola, 2023. "The long-run earnings effects of winning a mayoral election," LISER Working Paper Series 2023-02, Luxembourg Institute of Socio-Economic Research (LISER).
  73. Kirill Borusyak & Matan Kolerman-Shemer, 2024. "Regression discontinuity aggregation, with an application to the union effects on inequality," Papers 2501.00428, arXiv.org.
  74. Chen, Yutong & Chiplunkar, Gaurav & Sekhri, Sheetal & Sen, Anirban & Seth, Aaditeshwar, 2023. "How Do Political Connections of Firms Matter during an Economic Crisis?," IZA Discussion Papers 16131, Institute of Labor Economics (IZA).
  75. Åženay AÄŸca & Deniz Igan & Fuhong Li & Prachi Mishra, 2025. "Doing More for Less? New Evidence from the United States on Lobbying and Government Contracts," Working Papers 141, Ashoka University, Department of Economics.
  76. Yu Liu & Mohan Zhou & Faqin Lin & Lihua Gu, 2021. "Export as shelter from domestic corruption: Theory and evidence from developing countries," The World Economy, Wiley Blackwell, vol. 44(4), pages 930-955, April.
  77. Mr. Federico J Diez & Jiayue Fan & Carolina Villegas-Sánchez, 2019. "Global Declining Competition," IMF Working Papers 2019/082, International Monetary Fund.
  78. Gianluca Cerruti, 2024. "Politics and city growth in Italy: Do connections matter?," Economics of Governance, Springer, vol. 25(4), pages 415-485, December.
  79. Ms. Senay Agca & Ms. Deniz O Igan & Fuhong Li & Ms. Prachi Mishra, 2019. "Doing More for Less? New Evidence on Lobbying and Government Contracts," IMF Working Papers 2019/172, International Monetary Fund.
  80. Zhang, Haifeng & Guo, Ruitian, 2025. "How does the spatial agglomeration of human capital affect strategic innovation in China?," Journal of Asian Economics, Elsevier, vol. 96(C).
  81. Konstantinos Dellis, 2023. "Lobbying and innovation in the European Union," Scottish Journal of Political Economy, Scottish Economic Society, vol. 70(4), pages 319-354, September.
  82. Tingting Hu & Kun You & Char-Lee Lok, 2025. "State ownership, political connection and ESG performance," Risk Management, Palgrave Macmillan, vol. 27(1), pages 1-33, February.
  83. Long,Cheryl Xiaoning & Xu,L. Colin & Yang,Jin, 2020. "Business Environment and Dual-Track Private Sector Development : China's Experience in Two Crucial Decades," Policy Research Working Paper Series 9161, The World Bank.
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