The debate on competition and innovation has produced a wide range of theoretical and empirical findings. Recently … innovation. We aim to contribute to the debate by investigating whether product-market competition and corporate governance … quality affect firm-level innovation, utilising a dataset for 1,400 non-financial US-listed companies. Using two-way cluster …

Traditional economic studies of innovation, built on the contribution of Schumpeter, cannot explain why firms of the … same size and market power can show largely different innovation performances. Contrastingly, the literature on corporate … governance provides some useful insights for understanding corporate innovation activity, to the extent that such literature …

potential determinants of innovation; and (ii) analysing the effects of governance and regulation on innovation in conjunction … Greenwich in September 2011 and will be published as an edited book titled Governance, Regulation and Innovation: Theory and … widely defined and innovation, taking into account the interactions between governance and market structure as well as …

Existing research on the relationship between market concentration and innovation has produced conflicting findings. In … addition, the emerging literature on the relationship between corporate governance and innovation tends to focus only on … partial effects of corporate governance on innovation. We aim to contribute to the debate by investigating both partial and …

quantifies the effect of binding financial constraints on the innovation propensity of Italian companies. Once provided a rich … baseline specification for innovation, I analyze the impact of financial constraints by exploiting a survey-based direct … features. My results show firms that are more likely to suffer from financial problems to have a probability of innovation that …

quantifies the effects of financial barriers to the innovation propensity of Italian companies. Employing direct measures of … feedback-effect of innovation on firms' financial position. Results suggest that the innovative propensity of a company is … reflected onto a stronger depressive effect of financial constraints on innovation (-34%). Finally, the paper also provides …