This dissertation examines the perceptual bias of investors and securities analysts (the “audience” in the stock market) in their valuation of public firms’ innovative activities. I suggest that such bias occurs because the audience views a firm’s innovation through the prism of the...

Building on recent work in economic geography, evolutionary economics, and international business, I examine how firms that enter from outside a region alter the knowledge and opportunity structure for potential entrepreneurial entrants and indigenous incumbents in that region. In particular, I...