This chapter reviews the empirical economics literature on the impact of trade liberalization
on firms' innovation-related outcomes. We define and examine four types of shocks to trade …

This study presents a systematic literature review on the implementation of service
innovation in the extant literature. This study conducts a comprehensive review of published …

Intelligent manufacturing offers opportunities for green technology innovation at a low cost,
helps eliminate outdated equipment, and improves pollution efficiency, which is essential for …

Patents and citations are powerful tools increasingly used in financial economics (and
management research more broadly) to understand innovation. Biases may result, however …

We evaluate the duration of the China trade shock and its impact on a wide range of
outcomes over the period 2000 to 2019. The shock plateaued in 2010, enabling analysis of …

The US business sector has under-invested relative to Tobin's Q since the early 2000's. We
argue that declining competition is partly responsible for this phenomenon. We use a …

We study the evolution of profits, investment, and market shares in US industries over the
past 40 years. During the 1990s, and at low levels of initial concentration, we find evidence …

Manufacturing accounts for more than three-quarters of US corporate patents. The
competitive shock to this sector emanating from China's economic ascent could in theory …

The unexpected outbreak of the US-China trade war led to dramatic increases in the import
and export tariffs confronting Chinese firms, and ushered in an era of unprecedented trade …

This paper investigates the impact of higher education on corporate innovation. To establish
causality, we exploit a policy-induced exogenous shock in the supply of Chinese college …