the allocation and impacts of innovation subsidies, using the data from the China Employer Employee Survey (CEES). We find … that the innovation subsidies are preferentially allocated to state owned firms and politically connected firms. Of these … also find that the firms that receive innovation subsidies file and receive more patents, are more likely to introduce new …

effect on innovation. We develop a simple "trapped factor" model of innovation that is consistent with these empirical …

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 …

may affect social welfare and the rate and direction of innovation …

-based innovation system. We develop an analytical model where startups are more efficient at solving technical challenges and …

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 …

two strategies toward that end: imitation and innovation. The theory bears predictions about the evolution of the …

framework that contains multiple innovation sizes, multi-product firms, and entry/exit. Firms invest in exploration R&D to … regularities regarding innovation and growth differences across the firm size distribution. We also incorporate patent citations …

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 …