We empirically examine the effects of industry consortia on the coordination of innovation strategies of the members. Our analyses utilize membership data from 32 consortia in wireless telecommunication technology subfields from 2000 to 2005 and prior art citations in standards-essential...

When public institutions do not support information disclosure and contract enforcement, controlling owners may compensate by setting up ownership networks that facilitate the exchange of resources and alignment of interests. We examine how firms' controlling owners draw power from ownership...

While finance is a critical input to the innovative process, it is often difficult to obtain, particularly in developing economies with less well-developed financial markets. As innovation is a central driver of growth, it is therefore important for policymakers to understand how different...