This paper examines how the tournament-like progression in the CEO labor market influences corporate innovation … strategies. By exploiting a text-based proxy for product innovation based on product descriptions from 10-Ks, we find a … significant positive relation between industry tournament incentives (ITIs) and product innovation. We then explore the trade …

This paper examines the relationship between CEOs’ individualistic cultural background and corporate innovation among … born in frontier counties with a higher level of individualistic culture promote innovation performance. Firms led by such … CEOs increase both quantity and quality of innovation outputs, measured by the number of patents, citation-weighted patents …

linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 … predictive power on future innovation after 1995. This pattern is consistent with the idea that when there is more past upstream …

and 2008 were analyzed in regard to the question to what extent and how the agencies assessed the innovation effects of … mergers. Theoretical background is the still open question how negative effects of mergers on innovation should be taken into … account in merger policy. Although we can show in our study that in one third of all challenged mergers also innovation …

native and foreign STEM graduates have statistically significant and economically large effects on innovation. Together these … results suggest that policies that increase the stocks of both foreign and native STEM graduates increase innovation and …

the U.S. Air Force Small Business Innovation Research (SBIR) program that transitioned from "Conventional topics," which … innovation even in less specific Conventional topics. The results suggest that government (and perhaps private sector) innovation …

reforms that would likely increase the rate of innovation and the number of startups due to immigrants in the country. Key …

We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 … different innovation measures; the only exception is for copyright/trademark. The immigrant advantage holds for older firms as …