tax incentives are found to play a role in fostering innovation. In addition we find important effects on the incentives …In the past decades the role of profit sharing schemes (PSS) as a way to foster innovation in a principal-agent context …, and more generally of innovation in economic growth, have been widely acknowledged and studied. However, surprisingly …

innovation will lead to a much richer understanding of the interplay between firms’ incentives to innovate and competitive … increase in the size of discrete innovation may decrease firms' incentives to conduct continuous improvement. A unique feature …Does competitive pressure foster innovation? In addressing this important question, prior studies ignored a distinction …