an incumbent firm - more precisely, of investors in that firm - facing innovation by inventors from outside its industry …. We demonstrate that the financial-market value of publicly traded firms depends on patented innovation by competitors …' patented innovation on the focal incumbent is qualitatively different than that of existing rivals' patented innovation on the …

relationship between competition and innovation, Aghion, Dewatripont and Rey (1999) showed that this could be reversed if agency …

Existing research on the relationship between market concentration and innovation has produced conflicting findings. In … addition, the emerging literature on the relationship between corporate governance and innovation tends to focus only on … partial effects of corporate governance on innovation. We aim to contribute to the debate by investigating both partial and …

innovation is inherently risky and therefore may increase the ex ante likelihood of both exceptional company performance and … embodied in the innovation proxies used. Using a panel of almost 300,000 Australian companies, we estimate a piecewise …-constant exponential hazard rate model to examine the relationship between innovation and company survival. As expected, we find that the …

We examine the determinants of innovation novelty ranging from new-to-firm to new-to-world innovation. Higher levels of … determinants of innovation novelty among Australian firms. Firm-specific variables such as R&D, collaboration, foreign ownership …, business focus on innovation, skills in IT and business management are associated with higher levels of innovation novelty …

” commercialization. However, when focusing on downstream industry segments that bring patented technologies to market—“innovation” in an … concentration ultimately harms innovation, efficiency, consumer welfare, and democratic representation. It argues that patent law … provides prescriptions for enhancing industry entry through private ordering, federal innovation policy, and antitrust …

This paper examines the relationship between competition and product development innovation using the U.S. trademark … database. We find that greater import competition spurs corporate product innovation measured by newly launched trademarks … that the negative impact of competition on firm’s future performance is mitigated by product innovation. Our main results …

We study the effect of stronger patent protection on innovation activities of firms and firm-product level markups …