Overview I: Edo Period -- Case 1: Konoike Zen'emon: Successive Innovations on the Nationwide Market -- Case 2: Takatoshi Mitsui: New Business Opportunities and the Retail Revolution -- Case 3: Genzaemon Nakai: Regional Merchant Thriving on the National Stage -- Discussion Point 1: Early Modern...

The availabilities of debt for Chinese firms have been increased since 2008 due to the expansionary monetary policies. These policies triggered concerns over the impact of debt financing on firms' technological innovation activities. Based on a sample of 225 listed computer and...

In the research intensive sectors, eg. Biotechnology and Software sectors, it is a prominent and growing trend for the big commercial firms to outsource the research activities to smaller but research-oriented firms or research labs. In this paper, I provide an explanation based on the...

Do financial derivatives enhance or impede innovation? We aim to answer this question by examining the relationship between equity options markets and standard measures of firm innovation. Our baseline results show that firms with more options trading activity generate more patents and patent...