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When startup innovation involves a potentially disruptive technology - initially lagging in the predominant performance … commercialization with the startup. While the prevailing theory of disruptive innovation suggests that this will lead to (exclusively …
Persistent link: https://www.econbiz.de/10012458899
Open banking (OB) empowers bank customers to share transaction data with fintechs and other banks. 49 countries have adopted OB policies. Consumer trust in fintechs predicts OB policy adoption and adoption spurs investment in fintechs. UK microdata shows that OB enables: i) consumers to access...
Persistent link: https://www.econbiz.de/10014468288
Open source is key to innovation, but we know little about how to incentivize it. In this paper, we examine the impact …'s launch. The second is that the actual receipt of sponsorship has a long-lasting negative effect on innovation, as measured by …
Persistent link: https://www.econbiz.de/10014372425
choice between incremental and radical innovation, and on how managers of different ages and human capital are sorted across … consistent with this pattern. Our measures of creative innovations proxy for innovation quality (average number of citations per …
Persistent link: https://www.econbiz.de/10012458770
Using data from a prominent online platform for launching new digital products, we document that the composition of the platform's 'beta testers' on the day a new product is launched has a systematic and persistent impact on the venture's success. Specifically, we use word embedding methods to...
Persistent link: https://www.econbiz.de/10012585366
products to China. We find causal evidence that offshoring impacts both the level and nature of innovation. In the technologies … directly related to product categories that could be offshored more easily after the policy shock, overall innovation levels … decline and innovative effort shifts away from product innovation and towards process innovation. However, we also find …
Persistent link: https://www.econbiz.de/10012616565
This paper is an attempt to explain diffusion in the production of an innovation. Diffusion in production is defined as … innovation. The principal variable that explains diffusion of entry is the demonstration effect. The principal variable that …
Persistent link: https://www.econbiz.de/10012478853
policy, due to their potential to foreclose competition and affect innovation incentives. We exploit major new product …
Persistent link: https://www.econbiz.de/10012480835
Why do firms outsource research and development (R&D) for some products while conducting R&D in-house for similar ones? An innovating firm risks cannibalizing its existing products. The more profitable these products, the more the firm wants to limit cannibalization. We apply this logic to the...
Persistent link: https://www.econbiz.de/10012482597
manufacturing - to study the effects of new IT on product innovation, production process improvements, employee skills and work …
Persistent link: https://www.econbiz.de/10012466898