This paper models the interactions among technological innovation, product market competition and information leakage …

consequences for market values of innovation-driven firms. Although a substantial body of literature demonstrates that new product …

Purpose: The purpose of this paper is to examine the immediate effect of different types of business model innovation … market data was then matched with secondary data, outlining the firms' business model innovation behavior. Findings: Our …/Implications: The study is one of the few that connects business model innovation with stock market performance and thus contributes to …

and technology innovation. Investor's reactions are measured using cumulative abnormal returns (CAR) with (−5,+5) and (−2 … of a new product and system and technology innovation rather than when it is still under the planning or development …

We analyze the effect of a firm's innovation activities on its likelihood to be acquired and the takeover premium using … a large sample of M&A transactions. We show that firms with larger innovation outputs and R&D investments are more … firm's innovation output, and this positive relation is stronger when there are more competing bidders, when acquiring …

innovation. The book is extensively researched and provides compelling insights for IPR managers, technology investors and … policymakers trying to promote the efficiency of capital markets and national systems of innovation. Knut Blind, Berlin University … technological innovation has become a central issue in public policy, corporate finance and business management. This detailed book …