Show simple item record

dc.contributor.authorDíaz Díaz, Nieves Lidia
dc.contributor.authorLópez Iturriaga, Félix Javier 
dc.contributor.authorSantana Martín, Domingo Javier
dc.date.accessioned2021-08-19T10:58:18Z
dc.date.available2021-08-19T10:58:18Z
dc.date.issued2021
dc.identifier.citationLong Range Planning, 2021, In Press, 102111es
dc.identifier.issn0024-6301es
dc.identifier.urihttps://uvadoc.uva.es/handle/10324/47929
dc.descriptionProducción Científicaes
dc.description.abstractWe examine the relationship between firms' political connections and corporate innovation in a European context. We also consider the moderating effect of political connections on the relationship between political uncertainty and firms' innovation. We use two different metrics of innovation: R&D (an input measure), and patent counts (an output measure). We find that firms with former politicians on their board of directors invest less in R&D than their counterpart firms. However, the presence of this type of director on the board is positively associated with the number of a firm's patent applications. It seems that, although political ties reduce the amount of resources devoted to R&D activities, they increase the effectiveness of intellectual rights protection. Results also show that political uncertainty decreases R&D investment but exacerbates the need for legal protection of innovation through patents. According to our results, political connections attenuate the effect of political uncertainty on firm innovation such that the negative (positive) effect of uncertainty on R&D intensity (patents) weakens when the firm is politically connected.es
dc.format.mimetypeapplication/pdfes
dc.language.isoenges
dc.publisherElsevieres
dc.rights.accessRightsinfo:eu-repo/semantics/openAccesses
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/*
dc.subject.classificationCorporate innovationes
dc.subject.classificationInnovación corporativaes
dc.titleThe role of political ties and political uncertainty in corporate innovationes
dc.typeinfo:eu-repo/semantics/articlees
dc.rights.holder© 2021 The Authorses
dc.identifier.doi10.1016/j.lrp.2021.102111es
dc.relation.publisherversionhttps://www.sciencedirect.com/science/article/pii/S002463012100042X?via%3Dihubes
dc.peerreviewedSIes
dc.description.projectMinisterio de Economía, Industria y Competitividad (grants ECO2017-84864-P and ECO2017-84132-R)es
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internacional*
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersiones


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record