culture and innovation. We highlight legal and cultural forces that encourage innovation activities, including strong patent …This chapter reviews theoretical and empirical research on the relationship between legal systems and innovation and … relatively more important and culture is relatively less important for patents. We discuss implications for future research, as …

I study financial product innovation in a model with two classes of agents: “sophisticated” and “unsophisticated … competitors who have already adopted them. The model yields two equilibria: in one, the innovation persists; in the other, it … innovation literature. Additionally, two applications demonstrate how to estimate the contagion parameter with a short time …

rents; however, there is limited evidence regarding the impact of innovation on risk. We shed new light on how firms …' involvement in innovation activities impacts their volatility, particularly their idiosyncratic volatility. In this paper, we … empirically examine the effect of innovation on idiosyncratic volatility. To do so, we empirically examine the impact of …

rents; however, there is limited evidence regarding the impact of innovation on risk. We shed new light on how firms …' involvement in innovation activities impacts their volatility, particularly their idiosyncratic volatility. In this paper, we … empirically examine the effect of innovation on idiosyncratic volatility. To do so, we empirically examine the impact of …

the innovative culture of Chinese entrepreneurial migrants versus that of African entrepreneurial migrants. Rather, there … national culture in which they are embedded. In addition, the rivalry of Chinese and Nigerian migrant entrepreneurs in African …