Do political connections matter for firm innovation? Evidence from emerging markets in Central Asia and Eastern Europe

Volume: 151, Pages: 119669 - 119669
Published: Feb 1, 2020
Abstract
We posit that the investments in political connections made by a firm in an emerging market will impact differently its propensity to introduce radical and incremental innovations. In addition, we argue that this effect will be moderated by alternate non-market firm strategies, such as bribery. Using a dataset of more than 9000 firms in 30 emerging economies from Eastern Europe and Central Asia we find that political connections increase the...
Paper Details
Title
Do political connections matter for firm innovation? Evidence from emerging markets in Central Asia and Eastern Europe
Published Date
Feb 1, 2020
Volume
151
Pages
119669 - 119669
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