technology in late stages of the development process (Phases 3 clinical testing and regulatory filing). Our study provide …

We study innovation contests with asymmetric information and identical contestants, where contestants' efforts and … highest quality and receives the revenue generated by the innovation. We characterize the equilibrium behavior, outcomes and …

Substantial elements of innovation have been observable during recent years in rig supply, in particular regarding …

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 …

. Moreover, MNCs’ innovation portfolio follows countries’ comparative advantage across technology classes, with applied …This paper provides an integrated analysis of multinational companies’ global production and innovation. We establish … of production, basic innovation and applied innovation, under asymmetric complementarities across these three activities …

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 …