as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …Principle-agent theory suggests managers might under-invest into R&D for reasons of risk tied to project failure, such …

as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …Principle-agent theory suggests managers might under-invest into R&D for reasons of risk tied to project failure, such …

experience significantly better innovation outcomes, as measured by patents and future citations. We obtain these results in … CEOs on future innovation: firms whose CEO transitions to be an inventor experience positive abnormal stock returns …

This paper examines how the tournament-like progression in the CEO labor market influences corporate innovation … strategies. By exploiting a text-based proxy for product innovation based on product descriptions from 10-Ks, we find a … significant positive relation between industry tournament incentives (ITIs) and product innovation. We then explore the trade …

This paper provides highly significant evidence that golden parachutes spur innovation in concentrated … lead to higher levels of innovation quantity and quality through a risk-taking mechanism. The positive effects of … parachutes on innovation are more pronounced when ownership concentration increases for SOEs, as well as when ownership …

number of citations to patents. Thus managers who are protected from takeover market perform worse on innovation. However … innovation. Empirical results indicate that an increase in antitakeover provisions is negatively related to number of patents and …, the negative relation between antitakeover provisions and firm innovation holds only for low-tech firms. For high …

as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …Principle-agent theory suggests managers might under-invest into R&D for reasons of risk tied to project failure, such …

Corporate innovation plays a crucial role in maintaining competitiveness and enhancing firm value. However, despite … being the world's leading manufacturing nation, the role of managerial ownership in fostering innovation within the Chinese … ownership on corporate innovation using data on patent activities from Chinese listed manufacturing firms covering the period …

innovation was important, there has been little research on opening up the black box of technology at firm-level in the PRC. This … paper undertakes econometric analysis of innovation, learning, and exporting in automobiles and electronics firms in the PRC … using a large-scale dataset to identify the most appropriate innovation proxy. Drawing on recent literature on innovation …

A strong innovation performance based on R&D, product development and the implementation of advanced production … offshoring on R&D and innovation activities of the firm in the home country. The analysis is based on a dataset of more than 3000 … manufacturing firms from seven European countries. We employ propensity score matching to compare R&D and innovation activities of …