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Although merger and acquisitions (M&As) are acknowledged as an important means to access innovative assets and know-how, firms’ inventive output often declines in the post-M&A period. Financial, managerial and organizational constraints related to the M&A event contribute to inventive output...
Persistent link: https://www.econbiz.de/10012232039
Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form … monitored by their corporate sponsors, resulting in less favorable conditions for radical innovation. -- Corporate … entrepreneurship ; start-ups ; radical innovation …
Persistent link: https://www.econbiz.de/10008659476
We propose that innovative originality is a valuable organizational resource, and that owing to limited investor attention and skepticism of complexity, greater innovative originality may be undervalued. We find that firms' innovative originality strongly predicts higher, more persistent, and...
Persistent link: https://www.econbiz.de/10012857235
These are the slides for the paper “Innovative Originality, Profitability, And Stock Returns.” The abstract of this paper is the following: We propose that innovative originality is a valuable organizational resource and that owing to limited investor attention and skepticism of complexity,...
Persistent link: https://www.econbiz.de/10012917506
, a cash windfall may lead managers to engage in riskier innovation strategy that can destroy value …
Persistent link: https://www.econbiz.de/10012902017
Although merger and acquisitions (M&As) are acknowledged as an important means to access innovative assets and know-how, firms’ inventive output often declines in the post-M&A period. Financial, managerial and organizational constraints related to the M&A event contribute to inventive output...
Persistent link: https://www.econbiz.de/10014095755
The increasing commercialization of university discoveries has initiated a controversy on the impacts for future scientific research. It has been argued that an increasing orientation towards commercialization may have a negative impact on more fundamental research efforts in science. Several...
Persistent link: https://www.econbiz.de/10003479951
Persistent link: https://www.econbiz.de/10011853120
Persistent link: https://www.econbiz.de/10012820938
We analyze the effect of the Öresund Bridge, a combined railway and motorway bridge between Swedish Malmö and the Danish capital Copenhagen, on inventive activity in the region of Malmö. Applying difference-in-difference estimation on individual-level data, our findings suggest that the...
Persistent link: https://www.econbiz.de/10012510372