Prior research shows that corporate innovation enhances firm value. Using a novel text-based measure of innovation, we explore how the effects on performance change in presence economic policy uncertainty. We use large sample US firms over period 1996 to 2010 test relationship by executing firm-fixed effect regressions. Our results show significantly positively affects performance. However, our...

the relationship between technology and international competitiveness dates back to the neo-technological trade theories of the 1960s. this approach considers difference in technology as the primary motive for difference among nations in terms of trade performance. the technology gap approach emphasizes inter-country differences in innovativeness as the basis for international trade flows. the ...

This paper develops a dynamic model of innovation and international trade in which agents can direct their research efforts to specific goods the economy. Trade affects direction through its impact on expected market size for an invention, leading two-way relationship between technology absent standard quantitative Ricardian models. Following theory-consistent strategy estimate extent endogenou...

We analyze the relationship between economic growth, knowledge production and intellectual property rights. Economists and historians underline different aspects as possible causes of knowledge accumulation; the former stress the role of incentive mechanisms while the latter the autonomous progress of science. We construct a unified theory allowing for the presence of markets and the autonomous...

This article investigates the relationship between Inter-Korean geopolitical risk (IKGPR) and South Korean firms’ risk-taking in context of highly political tensions peninsula. Using a recently developed news-based index risk, our empirical analysis shows an inverse U-shaped IKGPR firm Korea, implying that increases with when is low but becomes prudent high. Such effect on weaker for firms surv...

There are a wide variety of theories that being used to research mobile services adoption. As result, various models and large number factors affecting adoption have been conceptualize the as technology advances accelerates. The consequence has concept is at present chaotic complex best. industry going through stagnating customer base revenue all hopes bounce back focused on 5G. Indian market, ...

Leadership is a paramount factor in enhancing employee innovation and creativity. This study aims to test the impact of paternalistic leadership (PL) on employees’ innovative work behavior (IWB) check mediating role Psychological Safety (PS). Using positivistic philosophy deductive approach, this has employed convenience sampling technique collect data through questionnaires from 317 employees ...

Small- and medium-sized enterprises (SMEs) are one of the engines for inclusive economic growth. Yet little is known about contribution human resource management (HRM) practices to success SMEs. This study empirically examines how HRM determine different categories innovation SMEs in context a transition economy. Using longitudinal dataset applying instrumental variable methodology correct endo...

We use textual analysis of high-dimensional data from patent documents to create new indicators technological innovation. identify important patents based on similarity a given previous and subsequent work: these are distinct work but related innovations. Our importance correlate with existing measures quality also provide complementary information. breakthrough innovations as the most patents—...

In this paper we deal with some validation (and a …rst calibration) experiments on the CATS model proposed in Gallegati et al. (2003a, 2004b). The CATS model has been intensively used (see, for example, Delli Gatti et al., 2004; Russo, 2004; Gallegati et al., 2003b) to replicate a large number of scaling type stylized facts with a remarkable degree of precision and, for these purposes, the simu...