policy, due to their potential to foreclose competition and affect innovation incentives. We exploit major new product …

divestment to combat climate change. Will it work? This chapter explores whether divestment might induce green innovation, a … critical component of transitioning to a cleaner economy. Divestment could theoretically steer innovation by increasing the … investment opportunities. I argue that continuing to invest in dirty industries could drive green innovation conditional on …

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 …

, and reallocation of capital. This finding applies mainly for obsolescence of core innovation and embodied innovation, and … profits of obsolescent firms. The measure contains incremental information about firm innovation relative to measures focusing … on new innovation …

Do political connections affect firm dynamics, innovation, and creative destruction? We study Italian firms and their … firms to invest in innovation and/or political connection to advance their productivity and to overcome certain market …

" about future performance and standard measures of corporate innovation. We begin by developing a career concern model where … probability of failure, are more likely to pursue innovation, and that this effect is larger in more competitive industries. We …