Worker mobility across firms can enhance innovation by spreading knowledge, but such mobility may also hinder … innovation by making firms reluctant to invest in R&D. A common way that firms limit workers' mobility is with noncompete … agreements (NCAs). We examine how the legal enforceability of NCAs affects innovation, as measured by patenting, using data on …

This paper studies how innovative firms manage their innovation portfolios after filing for Chapter 11 reorganization …

This paper contributes to the literature on innovation policies and institutional theory on conditions for effective … yield broader implications for organization and innovation …

anecdotal. This paper provides direct quantitative evidence showing that how innovation and design work was done changed … fundamentally during the Industrial Revolution. This change was characterized by the professionalization of innovation and design …

economy as a whole. Racial and gender inequality can limit the entire economy's productive capacity and innovation outcomes … and commercialization data, we examine racial and gender disparities at each stage of the innovation process …

and production of financial innovation. We use machine learning to identify the financial patents and extensively audit … the results to ensure their reasonableness. We find that patented financial innovation is substantial and economically … financial sector, which collectively accounted for 69% of the awards. The location of innovation has shifted, with banks moving …

, and reallocation of capital. This finding applies mainly for obsolescence of core innovation and embodied innovation, and … profits of obsolescent firms. The measure contains incremental information about firm innovation relative to measures focusing … on new innovation …