We propose that innovative originality is a valuable organizational resource, and that owing to limited investor attention and skepticism of complexity, greater innovative originality may be undervalued. We find that firms' innovative originality strongly predicts higher, more persistent, and...

Using data from 20 OECD countries, we find that firms with greater organization capital have significantly higher stock returns and that this represents an international phenomenon. We also find new evidence that the positive association between organization capital and stock returns increases...

As a result of economic and structural changes, the automotive supply industry has been facing significant consolidation activity over the last twenty years. The pressure to produce better equipped and less expensive automobiles has created a growing trend towards specialization and...