between imitation and innovation. Using US patent data for the period 1977-2005, we find that there are inverted U …-shaped relationships between the degree of industry-level technological imitation and industry-level innovation activities and between the … degree of industry-level technological imitation and the value of firm-level innovation. Our results suggest that positive …

technologies and imitation of industry leaders. Employment growth in leader firms is encouraged whereas growth of backward firms is … not as well received on the stock market. -- Distance to frontier ; Strategy ; Market value ; Innovation ; Firm Growth …

technologies and imitation of industry leaders. Employment growth in leader firms is encouraged whereas growth of backward firms is … not as well received on the stock market. -- Distance to frontier ; Strategy ; Market value ; Innovation ; Firm Growth …