Routinely granted injunctions during patent lawsuits have been regarded as a significant obstacle to firm innovation. We use the 2006 Supreme Court ruling in eBay v. MercExchange that reduced injunction likelihood in cases related to information and communications technology (ICT) patents to...

This paper examines the effect of new CEOs on subsequent firm performance from the perspective of innovation. We find that new CEOs are associated with significantly greater quantities and qualities of future innovations, measured with the number of patents, citations, patents per research and...

This paper examines the effect of new CEOs on subsequent firm performance from the perspective of innovation. We find that new CEOs are associated with significantly greater quantities and qualities of future innovations, measured with the number of patents, citations, patents per research and...

We examine the consequences of real earnings management from an innovation perspective and investigate the patent output of firms likely to be managing earnings through altering their R&D expenditures. We find that R&D cuts related to earnings management lead to fewer patents, less influential...

Using a unique dataset of corporate philanthropy, we find that direct giving activities are positively associated with more collaborative and original innovation. In contrast, our results do not hold for corporate foundations' contributions. Our results suggest that much of what is ostensibly...

We examine how U.S. publicly listed firms' brand innovation is sacrificed when managers reduce marketing budgets in order to make short-term earnings targets. Using the newly available U.S. trademark dataset to measure the lifespan of new brands, we find that new brands' survival rate...

Routinely granted injunctions during patent lawsuits have been regarded as a significant obstacle to economic growth and corporate competition. We use the 2006 Supreme Court ruling in eBay v. MercExchange that reduced injunction likelihood in cases related to information and communications...