We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite … career-concern model allows for complementarity. Empirically, we reject substitution effects. Second, CEOs are less likely to …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …

Cross-functional teams play a potentially important part in the innovation process enabling knowledge sharing, the … development of trust and overcoming spatial and organizational barriers. Using a supermodularity approach, we focus on potential … complementarities which may arise when cross-functional teams are used in different elements of the innovation process in UK and German …

We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite … career-concern model allows for complementarity. Empirically, we reject substitution effects. Second, CEOs are less likely to …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …

Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation … the likelihood of having both process and product innovation. Both these kinds of innovation have a positive impact on …

innovation. We first establish a positive and significant correlation between various measures of innovativeness and top income … in the top 1% income share between 1975 and 2010. Finally, we show that innovation does not increase broader measures of … inequality which do not focus on top incomes, and that innovation is positively correlated with social mobility, but less so in …

relationship between competition and innovation, Aghion, Dewatripont and Rey (1999) showed that this could be reversed if agency …-maximizing framework in which incumbent firms innovate to escape competition, there will be complementarity between increased product …) enhances the performance of old firms, which is suggestive of a role if agency effects and hence of policy substitutability and …

explore their possible complementarity in innovation and production but find none, although there is complementarity between R … include ICT investment and R&D as the two main inputs of innovation and productivity. We find that R&D and ICT are both … strongly associated with innovation and productivity, with R&D being more important for innovation and ICT for productivity. We …

Does regulation affect the pace and nature of innovation and if so, by how much? We builda tractable and quantifiable … sharp reduction in the firm's innovation response toexogenous demand shocks for firms just below the regulatory threshold …. We thenquantitatively fit the parameters of the model to the data, finding that innovation at the macrolevel is about 5 …

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …