This study develops a conceptual framework to understand the differential impact of formal institutional regime shift in intellectual property rights on the patenting and innovation strategies of Chinese and Western firms operating in China. We argue that to the extent that Chinese firms have...

Innovating science and technology-based firms often endure a sustained period of uncertain intellectual property rights (IPR) protection before patents could be granted to their valuable knowledge assets. This problem is exacerbated, as firms increasingly develop their innovations or operate in...

Innovation activities create substantial firm value, but they are difficult to manage owing to agency risk which is commonly thought to result in shirking, hence underinvestment in innovation. However, agency risk can also create inefficient allocation of resources among innovation activities,...

Scientific and technological innovations by scientists are critical to the long-term economic health of the U.S. However, anecdotal evidence from space exploration, high energy physics and biotechnology suggests that the U.S. might no longer be able to retain or attract such talent at previous...

Can China command its way to technological leadership by assigning ambitious targets to local governments? We focus on patents—a standard measure of innovation output. We employ an original dataset of 4.6 million patents filed in 333 Chinese cities from 1990 to 2014, and we also provide a...

This paper examines the concomitant effects that competition, regulation, market characteristics, and corporate ownership have on the deployment of advanced telecommunications services (ATS) to business customers through the econometric analysis of a rich data set that identifies the...

This paper examines the concomitant effects that competition, regulation, market characteristics, and corporate ownership have on the deployment of advanced telecommunication services to business customers through the econometric analysis of a rich data set that identifies the competitive,...

We conduct a 3-year study involving 11,662 respondents to map cultural tightness — the degree to which a society is characterized by rules and norms and the extent to which people are punished or sanctioned when they deviate from these rules and norms — across 31 provinces in China....