We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional owners increase managerial incentives to innovate by reducing the career risk of risky projects. The dat...

Asymmetric information problems on the labour and the financial market reduce private incentives to undertake activities necessary to attain the socially optimal rate of growth when the rate of innovation is endogenous. Institutional and contractual arrangements on both markets may help to correctly evaluate the long-term prospects of innovations, to protect the investment in specific assets an...

Promissory organizations like IS analysis companies or academic institutions have started to play an increasingly important role in the way organizations make sense of IS innovations. Research has so far neglected how the trust that potential adopters place in these promissory organizations affects institutional pressures that promissory organizations exert on them. In this research-in-progress...

eco-innovation is an actual topic as it links two key issues, innovation and sustainability. theenvironmental respect and innovation are important drivers of competitiveness. firms are willing to knowwhat to do to improve their eco-innovative capacity. the objective of this paper is to empirically determinewhat common characteristics have the most environmental oriented innovative firms. we ana...

A final report of RISE: RTOs in the service economy-Knowledge infrastructures, innovation intermediaries and institutional change RISE reports may be downloaded from:

....................................................................................................................................................3 Introduction..............................................................................................................................................3 Institutional Environment Influence Cross-border Innovation Intermediary......................

We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional owners increase managerial incentives to innovate by reducing the career risk of risky projects. The dat...

The main question addressed in this paper is how to bring IS innovation in a highly regulated environment. The major challenge is that in domains that are highly regulated (such as Customs, Energy, and Healthcare), legal requirements often hinder the innovation process and the subsequent adoption of innovation. While adoption and diffusion of innovation has been the subject of extensive discuss...

The availability of sequence information from publicly available complete genomes and data intensive sciences, together with next-generation sequencing technologies offer substantial promise for innovation in vaccinology and global public health in the beginning of the 21st century. This article presents an innovation analysis for the nascent field of vaccinomics by describing one of the major ...

Scholarship on varieties of capitalism (VofC) explores the ways in which the institutions structuring the political economy affect patterns of economic performance or policy making and the distribution of well-being. Contesting the claim that there is one best route to superior economic performance, a number of schemas have been proposed to explain why countries have often been able to secure s...