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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 …
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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 …
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One-in-five U.S. high-technology firms are led by CEOs with hands-on innovation experience as inventors. Firms led by … “Inventor CEOs” are associated with higher quality innovation, especially when the CEO is a high-impact inventor. During an …
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between imitation and innovation. Using US patent data for the period 1977-2005, we find that there are inverted U …-shaped relationships between the degree of industry-level technological imitation and industry-level innovation activities and between the … degree of industry-level technological imitation and the value of firm-level innovation. Our results suggest that positive …
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How analyst coverage may affect corporate innovation remains unclear. We suggest that when the manager is myopic due to … pressure from financial analysts and decides to reduce innovation, the firm should retain better innovation projects and forego …
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influence of outsiders is offset by the pressure to focus on innovation strategies. …
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