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measure innovation with, at times, conflicting results. We benchmark the validity of these innovation proxies using a novel … for Tobin’s Q and provides an appraisal of innovation assets. Additionally, we include trademarks as a new proxy to … capture un-patentable and undisclosed innovation. We find that two innovation proxies, the market response to new patents and …
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This paper reviews the literature on the role of public equity markets in the innovation ecosystem. The review … paper discusses the potential shortcomings of public equity markets that may hinder innovation, and highlights various …
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firms, we analyze the effect of top management quality on pre-IPO innovativeness and the innovation strategies of these … firms. We also analyze how management quality and pre-IPO innovation relate to these firms' IPO characteristics. We …, select better innovation projects, and manage innovation resources more efficiently, resulting in higher innovation …
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