It is with great pleasure that we introduce this Special Issue of the Asia-Pacific Journal of Accounting and Economics on “Innovation and Good Policy”, which is drawn from a series of presentations made at the Fourth Asia-Pacific Innovation Conference held at the National Taiwan University,...

The Review of Research Policy and Funding Arrangements 2015 (the ‘Watt Review’), presents a well considered commentary and recommendations for how the Commonwealth Government should fund university research in coming years. What is clear from the report – and has been known by insiders for...

Since little is known about the degree of bias in estimated fixed effects in panel data models, we run Monte Carlo simulations on a range of different estimators. We find that Anderson-Hsiao IV, Kiviet's bias-corrected LSDV and GMM estimators all perform well in both short and long panels....

Conditional on the decision to enter the market for immature technology, we test for the effects that trust—proxied by the context in which the negotiating parties first met—has on the likelihood that these negotiations are successful. Using survey responses from 860 university–firm and...

In this paper, we focus on the effects of macroeconomic conditions on commercialisation. Using survey data on the activities of Australian inventors who attempted to commercialise 3,736 inventions over the period 1986-2005, we find evidence that macroeconomic conditions have a pro-cyclical...

Economists and strategic management theorists interested in sustained competitive advantage often examine firms’ management of knowledge. Somewhat surprisingly, the interaction between knowledge creation and knowledge capture practices has received little attention. Using survey data from...