This paper shows that political capital is an important determinant of corporate investment and innovation. Using … capital investment and R&D spending. Surprise losses of political capital result in negative announcement returns, reduced …

Purpose: emerging economies lead advanced economies in world investment but lag advanced economies in innovation. We … emerging economies versus advanced economies and we compare total investment and the innovation-to-maintenance investment ratio … small uninsurable risks to the innovation process the model generates the counterfactual predictions of smaller investment …

volume, but also the composition of firm investment, by disproportionally decreasing investments in innovation. This …&D spending in total investment, suggesting a shift in the composition of investment that is specific to recessions following …

theoretically and empirically in these broad topic areas: 1) Institutional design, decision making and innovation; 2) Investment and … and innovation, 2. Investment and management strategies, 3. ET and business administration, 4. Effects of ET schemes …