Hidden Champions (HCs) are small- and medium-sized global market leaders that repeatedly show superior innovation … transformation than non-HCs firms. To test this hypothesis, I use data from the Mannheim Innovation Panel. This allows me to identify …

Public procurement accounts for 15 to 20 percent of global GDP and is considered an effective innovation policy …

We study the implications of services trade for firm innovation. Using a quasi-experimental shift-share design, we find …’ innovation efficiency by mitigating decreasing economies of scale in in-house innovation efforts. As a result, firms become more … likely to outsource innovation efforts as they become more innovative, whereas the prevalence of offshoring depends on its …

product development process. HCs do not invest more into innovation, but achieve higher innovation success. The higher …

We study the evolution of patenting in China from 1985-2019. We use a Large Language Model to measure patent importance …