linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 … predictive power on future innovation after 1995. This pattern is consistent with the idea that when there is more past upstream …

. We exploit firm-level panel data on product and process innovation activities in the United Kingdom and find that the … countries increased process innovation and reduced product innovation. This implies that the innovation response to labor supply …-skill intensity of firm production as well as firm size. In addition, the reduction in product innovation is lessened for firms whose …

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 empirically investigate whether the persistence of politicians in political institutions affects the innovation …' innovation activity. However, once the causal effect is isolated by means of instrumental variables, using death of politicians … persistence and the probability of process innovation. This finding is consistent with the view that political stability may …

. Incentives did not reduce performance there either. Comparing individuals with groups we find that team-work facilitates creative …

This theoretical paper explores the impact of gender diversity on team production. The key assumption is that men … expected team production if (i) men and women have similar expected ability, and (ii) monetary incentives to exert effort are … behavior of male team members, gender diversity has the biggest effects in young teams, and monetary incentives crowd-out the …

We show that team formation can serve as an implicit commitment device to overcome problems of self-control. In a … harder is credible because the team breaks up after an agent has not kept this promise – which leads to individual (under …, the performance of a team of present-biased agents can actually be better than the performance of a team of time …

While the output of a team is evident, the productivity of each team member is typically not readily identifiable. In … this paper we consider the problem of measuring the productivity of team members. We propose a new concept of coworker … matrix of a team, and illustrate the operational practicability of EVP by means of three examples representing different …

observable. A team incentive scheme, where each agent is paid a bonus for aggregate output above a threshold, is optimal in case … (a). The team's efficiency may increase considerably with size if outputs are negatively correlated. Under (b) a … performance. The two cases reveal that it may be optimal to organize production as a team where only aggregate output is …