There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …

and informal sector manufacturing firms in India, Indonesia, and Mexico, we document three facts. First, while there are a … from expanding. Third, we examine regulatory and tax notches in India, Indonesia, and Mexico of the sort often thought to …

Innovation is important for firm performance and broader economic growth. But breakthrough innovations necessarily … require greater risk-taking than more incremental approaches. To understand how managers respond to uncertainty when making … projects. The results suggest that the risk preferences of managers in charge of research investments may have an oversized …

We analyze a large-scale survey of owners, managers, and employees of small businesses in the United States to …

mutual fund managers and corporate board members via shared education networks. We find that portfolio managers place larger … managers gaining an informational advantage through the education networks. Our results suggest that social networks may be an …

errant top managers, or both …

"spinouts": managers of input divisions can start their own firms, making customized inputs formerly provided internally subject … lead to inefficiently low entry. Vertically integrated firms can fight back by hiring managers for their input divisions …

Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … process innovation. Among SMEs, larger and older firms seem to be less productive … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation …