Right-to-Work Laws and Corporate Venture Capital Investment

Bernard Tawiah; Kwabena Boasiako; Michael Keefe; Helena Sarkodie

doi:10.2139/ssrn.5767305

Right-to-Work Laws and Corporate Venture Capital Investment

Bernard Tawiah
, Kwabena Boasiako
, Michael Keefe
, Helena Sarkodie

School of Social Sciences

Research output: Working paper › Preprint

Abstract

Using state-level data from the United States covering the period 1980 to 2020, we explore the effect of right-to-work (RTW) laws on corporate venture capital (CVC) investment. Employing a difference-indifferences strategy, we find that the passage of a right-to-work laws increases corporate venture capital investment.

Original language	English
DOIs	https://doi.org/10.2139/ssrn.5767305
Publication status	Published - 19 Nov 2025

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AB - Using state-level data from the United States covering the period 1980 to 2020, we explore the effect of right-to-work (RTW) laws on corporate venture capital (CVC) investment. Employing a difference-indifferences strategy, we find that the passage of a right-to-work laws increases corporate venture capital investment.

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Right-to-Work Laws and Corporate Venture Capital Investment

Abstract

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