-in-differences design to causally identify the short-run impact of COVID-19 on innovation spending in 2020 and expected innovation spending … substantially reduced innovation expenditure not only in the first year of the pandemic (2020) but also in the two subsequent years …, indicating ’Long–Covid’ effects on innovation. In 2020, innovation expenditure fell by 4.7 % due to the pandemic. In 2022 …

as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …, and hence tend to over-invest into innovation. …

This study examines how industry-specific managerial experience affects firms' innovation performance in the context of … providing knowledge about how to cope with institutional shortfalls potentially hampering the commercial success of new products. …

market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and … research institutions enhance original innovation. …

innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …

This paper considers the U.S. Small Business Innovation Research (SBIR) program as a policy fostering academic …