We develop a new measure of innovation using a textual analysis of analyst reports of S&P500 firms. Our text …-based measure gives a useful description of innovation by firms with and without patenting and R&D. For non-patenting firms, the … capture true innovation. The text-based measure robustly forecasts greater firm performance and growth opportunities for up to …

same five Axes of Innovation commonly characterize the first three Revolutions in modern history, and how these Axes are … Industrial Revolution, each Axis of Innovation manifests as a unique Innovation Pattern that remains durable throughout that … Revolution. Innovation Patterns are the fundamental driving forces behind Revolutions, and the interactions between them strongly …

This paper analyses how strategic patenting effects market concentration, entry, and competitor productivity and … concentration increases and entry is deterred. Further, competitor firms experience a decline in total factor productivity following … promote focal firm innovation, while preventing the stifling of competitor innovation …

approved medicines to patients. We introduce a regulatory approach we term “Pricing for Medicine Innovation” (PMI), which … with this pricing approach. Firstly, in an innovation system where a company’s sales revenue is the source of its finance … for further drug development, price caps may deprive a firm of the means to invest in innovation. Secondly, even with …

correlation between corporate financialization and corporate green innovation, and explores its heterogeneities in terms of … corporate green innovation. This negative influence is primarily attributed to the substitution of corporate financialization … for research and development funds that are essential for corporate green innovation, while the "reservoir effect" of …

its impacts on three key business domains: technology-innovation-service (TIS). The main goal was to see what were the … interrelationships of business-consumers and consumers-business analysis to have a sustainable profit based on the models: Innovation and … implications in three key business domains (TIS) technology, innovation, and services. Therefore, businesses should pay attention …

. Innovation requires the exploration of new ideas with potential advantages but unknown probability of success. We show that it is … equity to innovation and creative destruction and also generates new predictions concerning the determinants of going public …

We study innovation and R&D investments made from 2008 to 2010 by UK companies that were the targets of leveraged … buyout (LBO) in previous years. We find that overall, LBO companies do not exhibit lower innovation and R&D investments than … non-LBO companies during the crisis, with other things being equal. However, innovation and R&D investments decline …