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We propose that innovative originality (InnOrig) is a valuable organizational resource, and that owing to limited investor attention and skepticism of complexity, firms with greater InnOrig are undervalued. We find that firms' InnOrig strongly predicts higher, more persistent, and less volatile...
Persistent link: https://www.econbiz.de/10012955455
We propose that innovative originality is a valuable organizational resource, and that owing to limited investor attention and skepticism of complexity, greater innovative originality may be undervalued. We find that firms' innovative originality strongly predicts higher, more persistent, and...
Persistent link: https://www.econbiz.de/10012857235
These are the slides for the paper “Innovative Originality, Profitability, And Stock Returns.” The abstract of this paper is the following: We propose that innovative originality is a valuable organizational resource and that owing to limited investor attention and skepticism of complexity,...
Persistent link: https://www.econbiz.de/10012917506
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We find that network centrality is associated with a higher number and better quality of innovation. Network centrality …
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Firms in younger labor markets produce more innovation. We establish this by instrumenting the current labor force with … unobservable heterogeneity across local labor markets and firms, life cycles, and other effects. Corporate innovation in younger … as a group – inventors interacting with non-inventors – produce more innovation for firms through the labor supply …
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