We develop a model for how innovation competition affects the organization of research activity and property … commercialization. We analyze firms' incentive for integration in the presence of upstream innovation competition. Integration adversely … for innovation competition …

This paper studies how competition impacts non-patented corporate innovation and firm value by exploiting adoptions of …, profitability, and value gains dissipate. These results suggest that more intense product market competition disincentivizes value …-enhancing corporate innovation …

innovation, there is relatively little research on the business value of software innovation itself. In particular, whether a … firm's software innovation affects the market value of the firm's rivals, and whether the capabilities of a focal firm and … innovation, we investigate the impact of a firm's software patents on both a firm's own market value and rivals' market value …

Innovation in the cloud is challenging Europe's telecoms industry and its regulatory system. The shift from 'desktop to … the role that regulation plays may limit services innovation and in turn may mean that communications infrastructure could … platforms strategy to expose the incentives and impediments to innovation in cloud computing. It assesses how European policy …

positions of their larger, more established rivals. Despite this attention, empirical results relating firm size to innovation … abilities to translate own- and partner-firm experiences into innovation activity. Results from a ten-year study of 463 … of small and large firms give rise to heterogeneity in the firms' innovation activity …

This paper studies the relationship between optimal prizes and scarcity of ideas in innovation contests. We consider a … model where both ideas and effort are integral parts of the innovation process. Contest participants are privately informed …

This paper examines the relationship between competition and product development innovation using the U.S. trademark … database. We find that greater import competition spurs corporate product innovation measured by newly launched trademarks … that the negative impact of competition on firm’s future performance is mitigated by product innovation. Our main results …

This paper examines the effects of promotion-based tournament incentives for non-CEO executives on corporate innovation … executives, are associated with a higher level of patent quantity and quality, innovation efficiency, and patent importance and … underlying mechanisms through which tournament incentives promote firm innovation. Our paper highlights the importance of inter …