We study the effect of analyst coverage on firms' innovation strategy and outcome. By considering three different … negative effect becomes not significant when firms' in-house R&D spending and external innovation channels are taken into … account. We find that more financial analysts encourage firms to make more efficient investments related to innovation, which …

innovation, we characterize such "radical teams" as those formed by eclectic and non-usual collaborators, and those that are … heterogeneous and scientifically diverse. Our results, using data from the UK's Engineering and Physical Sciences Research Council …