Showing 1 - 10 of 5,178
A persistent theme in the academic literature on technological innovation is that incumbent enterprises have great … difficulty crossing the abyss created by a radical technological innovation. It is argued that incumbents go into decline, while … performance in markets shaken by a radical technological innovation …
Persistent link: https://www.econbiz.de/10014028917
concentration upon innovation, focusing on robust findings, questions of interpretation, and the identification of major gaps. We … also consider the more modest literature that considers the effect on innovation of firm characteristics other than size …
Persistent link: https://www.econbiz.de/10014025172
We quantify externalities on profitability and market shares of competing firms in oligopolistic markets through the transition from an n to an n - 1 player oligopoly after a merger. Competitors are identified via the European Commission's market investigations and our methodology allows us to...
Persistent link: https://www.econbiz.de/10010189432
This study investigates the role of firm-level discount factors in evaluating the impact of mergers on market outcomes. Discount factors reflect time preferences for future cash flows and are used to determine the present value of investment projects such as mergers. Firm-specific discount...
Persistent link: https://www.econbiz.de/10012958337
influence of outsiders is offset by the pressure to focus on innovation strategies. …
Persistent link: https://www.econbiz.de/10010478011
performance in innovation-intensive industries. Firms with female directors tend to invest more in innovation and obtain more … mechanisms, the positive association between female board representation and corporate innovation is stronger when product market … performance only for firms for which innovation and creativity play a particularly important role …
Persistent link: https://www.econbiz.de/10012937268
better innovation outcomes, measured by patents and citations, greater innovation effectiveness, and more diverse and … to identify CEOs who are likely to drive innovation success …
Persistent link: https://www.econbiz.de/10013006115
Our paper examines the relationship between industry tournament incentives for CEOs and corporate innovation. We find … that the external pay gap is positively associated with subsequent innovation output and its economic value. Our results … innovation, and various controls for corporate governance, business strategy, and CEO attributes. We employ a quasi …
Persistent link: https://www.econbiz.de/10013224134
I study the relationship between a Chief Executive Officer (CEO)'s uncommon name and corporate innovation. Consistent … between CEO name uncommonness and corporate innovation quantity but not quality. To mitigate endogeneity concerns, I use the … further show that the impact on innovation output is concentrated in the areas that are well-known to the company, of low …
Persistent link: https://www.econbiz.de/10014500383
Previous studies on the effect of corporate governance on firm innovation shows mixed outcomes, while some reveal … innovation with special interest in indigenous oil firms in Nigeria, a Sub-Saharan country. The study adopted a cross sectional …, board commitment and board involvement have positive and statistically significant effects on firm innovation measures of …
Persistent link: https://www.econbiz.de/10014443589