We show that firms' R&D activities can predict the stock returns of their industry peers. When an industry experiences substantial R&D growth driven by the activities of a small group of firms, industry peers experience positive abnormal returns and abnormal operating performance despite having...

We examine the effect of investor attention spillover on stock return predictability. Using a novel measure, the News Network Triggered Attention index (NNTA), we find that NNTA negatively predicts market returns with a monthly in(out)-of-sample R-square of 5.97% (5.80%). In the cross-section, a...

Business-to-business (B2B) e-commerce has gained insignificance throughout the business world, but little research has been doneregarding its viability, commercial potential, and impact on other businesses.This study investigates the firm, context, and innovation characteristics ofB2B...