In this paper, I examine the effects of China's civil examination system (keju) on modern-day innovation and firm … ingredients (pine and bamboo) as the instrumental variable, I find that keju significantly facilitates innovation and firm entry … important factor for innovation and firms' success. Moreover, suggestive evidence supports that keju does not reduce people …

This paper investigates the impacts of CEOs’ research experiences on corporate innovation, and shows that the firms … managed by researcher CEOs have significantly higher investments in innovative activities, generate better innovation output … experiences on corporate innovation are causal. We also show that CEOs’ research experiences can mitigate agency problems, thereby …

experience significantly better innovation outcomes, as measured by patents and future citations. We obtain these results in … CEOs on future innovation: firms whose CEO transitions to be an inventor experience positive abnormal stock returns …

The aim of this paper is to investigate the determinants of innovation activities and their impact on firm performance … examine the relationship between innovation activities, ownership structure and firm performance we apply instrumental … variable (IV) technique, which enables us to control for the endogeneity between innovation activities undertaken by firms and …

better innovation outcomes, measured by patents and citations, greater innovation effectiveness, and more diverse and … to identify CEOs who are likely to drive innovation success …

We examine the relationship of financial expert CEO on firm innovation. Using CEO individual level and firm-level data … significant negative impact on firm innovation. A financial expert CEO causes 17.5% decrease in firm innovation level. We argue … make a separate examination about this impact on innovation that acquired from outsiders …

innovation and product innovation using the PLS-SEM technique. The data for this study is collected from 150 managers of … adaptation are positively and significantly related to process and product innovation. Indirect and total effects show that … managers' skills, technology adaptation, process innovation, and product innovation are positively and significantly related to …

We examine the relationship of the financial expert CEOs on firm innovation. Using CEO individual-level and firm … have significant negative impacts on firm innovation. Financial expert CEOs cause 17.5% decrease in firm innovation level …-financial performance. Additionally, we exam this impact on innovation acquired outside …

deemed to be of particular importance for entrepreneurship, innovation-based firm growth and its ensuing impact on the …, considerable differences remain. These constitute the basis for the concluding policy discussion. -- Entrepreneurship ; Innovation …

How do political connections affect firm dynamics, innovation, and creative destruction? To answer this question, we … build a firm dynamics model, where we allow firms to invest in innovation and/or political connection to advance their …