This paper addresses the problem of knowledge and the far-reaching implications it bears upon innovation and the … with theory and evidence from the economics of innovation, but fundamentally at odds with a number of important tenets of …

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 …

The purpose of this paper is to provide a broad overview of the field of innovation studies. We focus on the the … economics and sociology of innovation, which we can define as the study of the dynamic processes of generation, development … research on innovation, we have chosen a disciplinary criterion. We have therefore identified several different theoretical …