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 the gains from trade in an economy with oligopolistic competition, firm heterogeneity, and innovation …. In addition to markups, selection and innovation provide additional channels through which the trade-induced effect on … channels; we find that innovation plays a small but non-negligible role, while the main component is equally split between the …

domestic welfare. We consider the potential implementation of three innovation agreements: cooperative research joint venture …

creativity and innovation. In particular, we show that variations in innovation within Prussia during the second industrial … innovation during the second industrial revolution. Religious tolerance is measured through population's religious diversity …

Empirical studies have uncovered an inverted-U relationship between product-market competition and innovation. This is … inconsistent with the original Schumpeterian Model, where greater competition reduces the profitability of innovation. We show that …

We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography …

that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could … embedded in talented immigrants targeted for innovation. …

contributes to innovation in source countries. We use changes in the labour mobility legislation within Europe as exogenous …