government support of innovation and the government's optimal choice between subsidies and innovation prizes. We also analyze the …

costs, but competition helps to erode innovators' informational rents. Consequently, competition leads to faster innovation …

entrepreneurship with respect to economic performance. This paper uses the knowledge spillover theory to explain different innovation …-to-the-market innovation but has no effect on the relationship between knowledge and new-to-the-firm innovation. Our results using European … chances that knowledge will become new-to-the-market innovation. The findings highlight the importance of Schumpeterian …

value, VC facilitates knowledge diffusion and thus generates an externality on innovation. The findings help explain why VC … is more effective in stimulating innovation than corporate R&D …

disclosure is negatively associated with corporate innovation. Using a textual analysis of a large sample of 10-K filings for US … firms, we identify a negative relationship between risk disclosure and firm-level investments in R&D and innovation output …, with risk disclosure having a larger impact on innovation among firms with financial constraints. These results suggest …

positive externalities, or “spillovers” side, legal and economics scholars often speak of the benefits innovation confers on … being pollution. Thus, the common understanding is that innovation’s spillovers positively impact innovation (among other … conventional wisdom holds that innovation’s spillovers should be addressed through innovation subsidies, while innovation …

stocks positively associated with AI innovation but not vice versa. The impact of the two forms of knowledge capital on firm …