Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form … monitored by their corporate sponsors, resulting in less favorable conditions for radical innovation. …

This study examines how industry-specific managerial experience affects firms' innovation performance in the context of …

as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …, and hence tend to over-invest into innovation. …

market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and … research institutions enhance original innovation. …

Artificial Intelligence (AI) represents a set of techniques that enable new ways of innovation and allows firms to … new business models. This paper analyses the extent to which the use of AI contributes to the innovation performance of … firms. Based on firm-level data from the German part of the Community Innovation Survey (CIS) 2018, we examine the …

at the intensive margin, i.e. our results do not suggest that non-innovative companies are deterred from innovation …

innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …

Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company …

This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity …