منابع مشابه
Innovation and Institutional Ownership
Does greater equity ownership by institutional investors improve or inhibit innovation incentives? We present a model of career concerns where institutional ownership increases the incentives managers have to innovate through reducing informational asymmetries. We then utilize an original panel of US firms containing information on ownership, governance, managerial characteristics and innovatio...
متن کاملInnovation and Foreign Ownership
This paper uses a rich panel dataset of Spanish manufacturing rms (1990-2006) and a propensity score reweighting estimator to show that multinational rms acquire the most productive domestic rms, which, on acquisition, conduct more product and process innovation (simultaneously adopting new machines and organizational practices) and adopt foreign technologies, leading to higher productivity....
متن کاملAEA " Innovation and Institutional Ownership
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متن کاملOwnership Structure, Absorptive Capacity, and Innovation: Planting Vs Harvesting Innovation
This dissertation investigates the main research question: Which classification of innovation explains the heterogeneous timing of revenue realization? Given the significance of financial gain, researchers are recommended to pay attention to whether innovation outcomes result in commercial gains in the short term. Following this notion, a new category of innovation, planting and harvesting, is ...
متن کاملIntellectual Property Rights Protection, Ownership, and Innovation: Evidence from China
Using a difference-in-difference approach, we study how intellectual property right (IPR) protection affects innovation in China in the years around the privatizations of state-owned enterprises (SOEs). Innovation increases after SOE privatizations, and this increase is larger in cities with strong IPR protection. Our results support theoretical arguments that IPR protection strengthens firms’ ...
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ژورنال
عنوان ژورنال: Innovation
سال: 2016
ISSN: 1447-9338,2204-0226
DOI: 10.1080/14479338.2016.1233827