concentration upon innovation, focusing on robust findings, questions of interpretation, and the identification of major gaps. We … also consider the more modest literature that considers the effect on innovation of firm characteristics other than size …

not directly benefit them - to slow down competition. By disclosing IP, innovators indirectly induce rivals to wait and … imitate instead of concurrently investing in innovation, which alleviates competitive pressure. In contrast with the classical …

applications if competition in the market is low. This may indicate that restrictive monitoring and lower advising competences of … outside directors mitigate executives' incentives to innovate. In industries with effective competition, the negative … influence of outsiders is offset by the pressure to focus on innovation strategies. …

Our paper examines the relationship between industry tournament incentives for CEOs and corporate innovation. We find … that the external pay gap is positively associated with subsequent innovation output and its economic value. Our results … innovation, and various controls for corporate governance, business strategy, and CEO attributes. We employ a quasi …

comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are … product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …

competition is weak, suggesting that the family control is an effective internal corporate governance mechanism that can …

product market competition, rather than variation in the CEO talent distribution …

This study examines the impact of product market competition and corporate governance on productivity growth in German … when operating in markets with intense competition. Similarly, productivity growth is higher for firms under control of a … of German banks and insurance firms in our sample period). Our results also indicate that competition and tight control …