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 …

In recent years the Russian innovation policy has made a significant progress that manifests in developing its ‘tool … kit', increasing resource base, etc. However it has not yet succeeded in improving business innovation activities that … Russian industrial enterprises the authors analyze key features of innovation in Russian companies under economic recovery, as …

incentives for innovation in Russian companies taking into account the organization of industries — vertical or horizontal … vertically organized sectors that define innovation activeness in the economy (for example, mechanical engineering), the …

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 …

&D) expenditure. Overconfident managers only achieve greater innovation than non-overconfident managers in innovative industries … over the 1993-2003 period, firms with overconfident CEOs have greater return volatility, invest more in innovation, obtain …