We investigate the impact of mergers on R&D incentives within a framework of R&D competition where effort can influence both the probability of innovation and the payoff conditional on success. Our framework nests the results of two classes of existing models and reveals assumptions that are...

This study investigates the long-term impact of artificial intelligence (AI) and machine learning (ML) patent intensity on firms' performance, focusing on innovation-driven competitive advantage. Using a panel of 20 technology-intensive firms from 2013 to 2023, this study employs eXtreme...

How to motivate enterprises to formulate green technology (GT) innovation is crucial for promoting green development and minimizing pollution control costs. This research employs a quasi-experimental approach to analyze the impact of environmental tax reform (ETR) on corporate innovation...