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 …

This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with … intensity of cooperation and innovation. Within different knowledge regimes, we examine the structure of networks that emerge …

' signaling-driven investment, despite the risk of buying a bad innovation. We finally show at what point the presence of active …

aggressive development of a basic innovation by better informed venture-backed firms is used as a signaling device to enhance the … sale price of the innovation. We then show that incumbents can undertake early, preemptive, acquisitions to prevent such … signaling driven overinvestment, despite the risk of buying a non-productive innovation. Therefore, to exist in equilibrium …

. However, the best strategy for innovative entrepreneurs might be to make an early entry to signal innovation quality and …

effect of recombinant innovation of the two technologies. A mechanism of endogenous competition is described involving a … positive externality of increasing returns to investment which are counterbalanced by recombinant innovation. We determine … innovation. …

beneficial for welfare of individuals, and are shown to have taxonomy, not of investment capability, but of `Innovation …