There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …

We examine the effects of financial analysts on the real economy in the case of innovation. Our baseline results show … of analyst coverage on firm innovation. The evidence is consistent with the hypothesis that analysts exert too much … possible underlying mechanisms through which analysts impede innovation and show that there is a residual effect of analysts on …

efficiencies in the short term but these transactions might have a negative impact on long-term growth and innovation. In this … and 2005. The matching estimates (average treatment on the treated, ATT) of the effect of LBOs on firm level of innovation …. In contrast, we find significant effects of LBOs on both service innovation and marketing innovations in design and …

key input that drives innovation at the firm- and economy-wide levels. …

We study the effect of analyst coverage on firms’ innovation strategy and outcome. By considering three different … negative effect becomes not significant when firms’ in-house R&D spending and external innovation channels are taken into … account. We find that more financial analysts encourage firms to make more efficient investments related to innovation, which …

This paper investigates short-term effects of big tech start-up acquisitions on innovation empirically. Innovation … research has found a strong positive, causal relationship between VC investment and innovation. Using this insight, we can … explore the repercussions of big tech start-up acquisitions on innovation by examining their effects on venture capital (VC …

innovation. The dataset is complemented with indicators of patent quality (patent renewal, forward citations, and patent family …

This study investigates how credit ratings affect firm innovation. By exploiting sovereign downgrades as an exogenous … shock to corporate credit ratings, we show that a sovereign downgrade leads to significant reductions in innovation among …

innovation. I first provide novel estimates that strategic alliances have 6% to 11% higher overall innovative success rates …