uncertainty slows technological advancement by diverting resources away from innovation …

This paper analyses the effects of innovation networks on product and pro-cess innovation and sales growth of high … technology SMEs. Innovation net-works are positively related to both product and process innovation, i.e. know-ledge creation …. One exception is the negative effect of innovation networks with suppliers on product innovation. Older SMEs are more …

We examine the effect of auditor conservatism on corporate innovation. We hypothesize that because conservative … auditors constrain income-increasing accounting discretion, managers may sacrifice long-term investments in innovation to boost … increased auditor conservatism on corporate innovation is more pronounced when the client firms are under greater equity- and …

&D investment proactively and contemporaneously. Firm-level innovation outcome, measured by patents and citations, declined for …

innovation inputs and outputs. We show that top management quality is an important determinant of corporate innovation, with … different individual aspects of management quality affecting innovation in younger and older firms differently. Further, firms … with higher top management quality engage in more risky (“explorative”) innovation strategies. Finally, hiring more and …

their innovation activities in response to the potential entry of direct competitors. We then examine a legal ruling that … firms increased their net innovation activities in response to competitive entry. These effects center on firms with … innovation by new entrants after the ruling in response to increased competition. Overall, these results are consistent with …

costs, but competition helps to erode innovators' informational rents. Consequently, competition leads to faster innovation …

We examine the relationship of financial expert CEO on firm innovation. Using CEO individual level and firm-level data … significant negative impact on firm innovation. A financial expert CEO causes 17.5% decrease in firm innovation level. We argue … make a separate examination about this impact on innovation that acquired from outsiders …

firms, we analyze the effect of top management quality on pre-IPO innovativeness and the innovation strategies of these … firms. We also analyze how management quality and pre-IPO innovation relate to these firms' IPO characteristics. We …, select better innovation projects, and manage innovation resources more efficiently, resulting in higher innovation …

addition, this positive effect of competitive threats on innovation is more pronounced for firms with smaller market shares or … firms in more competitive industries. We also document that investing more in innovation helps competition-threatened firms …