Political Activism and Firm Innovation
2019 ◽
Vol 55
(3)
◽
pp. 989-1024
◽
Keyword(s):
We hypothesize that political activism is valuable because it helps reduce political uncertainty, which, in turn, fosters firm innovation. We find that firms that support more politicians, winning politicians, politicians on congressional committees with jurisdictional authority over the firms’ industries, and politicians who join those committees innovate more. We employ a natural experiment to show a causal effect of political activism on innovation. We also show evidence of intra-industry and geographical political activism spillovers.
2016 ◽
Vol 168
◽
pp. 72-83
◽
Keyword(s):
2018 ◽
Vol 115
(42)
◽
pp. 10624-10629
◽
2020 ◽
Vol 155
◽
pp. 119989
◽
2017 ◽
Vol 2017
(1)
◽
pp. 14322
2015 ◽
Vol 142
◽
pp. 37-46
◽