We study the effect of analyst coverage on firms’ innovation strategy and outcome. By considering three different … negative effect becomes not significant when firms’ in-house R&D spending and external innovation channels are taken into … account. We find that more financial analysts encourage firms to make more efficient investments related to innovation, which …

We study innovation contests with asymmetric information and identical contestants, where contestants’ efforts and … highest quality and receives the revenue generated by the innovation. We characterize the equilibrium behavior, outcomes and …

innovation, we characterize such “radical teams” as those formed by eclectic and non-usual collaborators, and those that are …