Do Politically Connected Firms Innovate, Contributing to Long-Term Economic Growth?

Do Politically Connected Firms Innovate, Contributing to Long-Term Economic Growth?

This paper presents new evidence that cronyism reduces long-term economic growth by discouraging firms' innovation activities. The analysis is based on novel establishment survey data from The Arab Republic of Egypt which provides information...

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Bibliographic Details
Main Authors: Francis, David, Hussain, Sahar, Schiffbauer, Marc
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
INNOVATION
FIRM PRODUCTIVITY
POLITICAL NETWORKS
POLITICAL CONNECTIONS
CRONYISM
RESOURCE ALLOCATION
Online Access:http://documents.worldbank.org/curated/en/914811530277806510/Do-politically-connected-firms-innovate-contributing-to-long-term-economic-growth
http://hdl.handle.net/10986/29975

Internet

http://documents.worldbank.org/curated/en/914811530277806510/Do-politically-connected-firms-innovate-contributing-to-long-term-economic-growth
http://hdl.handle.net/10986/29975

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