Measuring the information environment of firms using analyst (price) forecast bias and forecast dispersion before listing, we empirically examine the interactive influence of the information environment and market-wide sentiment on the initial returns of initial public offerings (IPOs). We find...

Open innovation has become a popular approach, especially since 2003, as people began purposively managing, evolving and harnessing knowledge flows across organizational boundaries but through increasing connections with systemic knowledge nodes relevant to the innovation process. The creation...