Showing 1 - 10 of 5,893
imitate instead of concurrently investing in innovation, which alleviates competitive pressure. In contrast with the classical …
Persistent link: https://www.econbiz.de/10011866633
Innovation is fundamentally dependent on the support of research technology. Governments and organizations have been …, our understanding of how specific attributes of research technologies affect the rate and direction of innovation, and … evaluates the role of research technology attributes for the rate and direction of innovation. The model produces empirically …
Persistent link: https://www.econbiz.de/10014255502
We examine the effect of prizes on innovation using data on awards for technological development offered by the Royal …” technology sectors. Prizes encouraged competition and medals were more important than monetary awards. The boost to innovation we …
Persistent link: https://www.econbiz.de/10013067000
Understanding the factors affecting the direction of innovation is a central aim of research in the economics and … strategic management of innovation. Progress on this topic has been inhibited by difficulties in measuring the location and … movement of innovation in ideas space. To date, most efforts at measuring the direction of innovation rely on curated …
Persistent link: https://www.econbiz.de/10012834632
disclosure is negatively associated with corporate innovation. Using a textual analysis of a large sample of 10-K filings for US … firms, we identify a negative relationship between risk disclosure and firm-level investments in R&D and innovation output …, with risk disclosure having a larger impact on innovation among firms with financial constraints. These results suggest …
Persistent link: https://www.econbiz.de/10012900989
In this study, we empirically assess the contributions of inventors and firms for innovation using a 37-year panel of U …
Persistent link: https://www.econbiz.de/10012853290
This paper studies the asset pricing implications of technology spillover, an important externality in innovation … firms. These findings highlight the importance of innovation externality on stock returns …
Persistent link: https://www.econbiz.de/10012854307
an unprecedented view of the Ramp;D-to-patenting innovation process and a close analysis of the strengths and limitations … structure, Ramp;D can be linked to the operating performances of each firm's establishments, further facilitating innovation …
Persistent link: https://www.econbiz.de/10012750134
We analyze the impact of subsidies on R&D expenditures in the financial crisis and beyond. The financial crisis has led to considerable turmoil in financing and, as a result, to restrictions of firms' access to external financing. Utilizing this fact, we identify and analyze financing...
Persistent link: https://www.econbiz.de/10012793582
We provide the first measurement of knowledge spillovers from venture capital-financed companies onto the patenting activities of other companies. On average, these spillovers are nine times larger than those generated by the R&D investment of established companies. Spillover effects are larger...
Persistent link: https://www.econbiz.de/10011718181