How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … threat spurs innovation incentives in sectors close to the technological frontier--successful innovation allows incumbents to … prevent entry. In laggard sectors it discourages innovation--increased entry threat reduces incumbents' expected rents from …

A central premise of research in the strategic management of innovation is that start-ups are able to leverage emerging … imitation. Our findings suggest that staged exploration may stall innovation as a result of the replacement effect, increasing …

We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …

an innovation is exogenous, we focus on the endogenous choice entrepreneurs face between investing in ensuring control … entrepreneurial strategy. A subtle consequence is that the appropriability regime ultimately governing an innovation will be the …