Galasso, Alberto; Simcoe, Timothy S. - In: Management Science 57 (2011) 8, pp. 1469-1484
's "revealed beliefs" about future performance and standard measures of corporate innovation. We begin by developing a career … underestimate the probability of failure, are more likely to pursue innovation, and that this effect is larger in more competitive … their firms in a new technological direction. This paper was accepted by Kamalini Ramdas, entrepreneurship and innovation. …
