Political activism positively affects firm innovation. Firms that support more politicians, politicians on … innovation. The results are consistent with the hypothesis that political activism is valuable because it helps reduce political … uncertainty, which, in turn, fosters firm innovation. Also consistent with this hypothesis, we show that politically active firms …

about future performance and standard measures of corporate innovation. We begin by developing a career concern model where … probability of failure, are more likely to pursue innovation, and that this effect is larger in more competitive industries. We …

otherwise visible to society. We develop a structural model of initial and follow-on innovation to determine the effects of such … a shift in disclosure on overall welfare in industries characterized by cumulative innovation. We find that while … significant decline in follow-on innovation. …

The relevant competitors in regard to innovation might, but not necessarily do, correspond to the identified … anticompetitive effects of mergers, is insufficient to capture innovation competition in its full extent. As a consequence, the aim of … assessment of anticompetitive innovation effects in merger review. By focusing on the applied U.S. Antitrust, it turns out that …

We propose a new co-evolutionary computational two-sector approach to the design of national innovation policy that … recognizes the importance of inter-sectoral absorptive capacity constraints in innovation linkages between sectors in an economy … downstream-user sector. This suggests that the low productivity performance of modern innovation policy might in part be …