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Substantial elements of innovation have been observable during recent years in rig supply, in particular regarding …
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We study the effect of analyst coverage on firms' innovation strategy and outcome. By considering three different … negative effect becomes not significant when firms' in-house R&D spending and external innovation channels are taken into … account. We find that more financial analysts encourage firms to make more efficient investments related to innovation, which …
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The economic consequences of migration are hotly debated and a main topic of recent populist movements across Europe. We analyze Polish immigration in the context of the 2004 enlargement of the European Union and find a positive and significant spillover effect of the immigrants on the number of...
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the presence of such products on innovation and consumer welfare. For a given number of buyers, platform liability … increases innovation by reducing the competitive pressure faced by innovative products. However, there can be a misalignment of … intended effect on innovation. Platform liability tends to increase (decrease) innovation and consumer welfare when the …
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Can historical institutions affect today's firm innovation? We analyze a historical experiment in 1902, when the … industrial firms in China, we show that firms in locations historically affected by the CMC rules exhibit higher innovation …
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