We examine firm value and performance implications of the growing trend of nontechnology
companies engaging in activities relating to digital technologies. We measure digital …

Abstract Current Economic Policy Uncertainty (EPU) indicators are highly correlated with
macroeconomic growth. To better reveal the EPU perceived by each firm, a firm-level EPU …

Population ageing leads to labour scarcity and labour market rigidity. Contrary to supply-
side economists' belief that labour market rigidity tends to suppress firm innovation, we …

We develop a model to capture the novelty of innovation and explore what it means for the
nature of market competition and quality of innovations. An innovator decides not only …

Sustained and stable external financing, affected by the financial environment, is a
necessary condition to support the green technological innovation of enterprises. This paper …

Abstract Research Summary Do firms respond to tougher competition by searching for
completely new technological solutions (exploration), or do they work to defend their …

Building on the behavioral theory of the firm (BTF), our study investigated how firms adjust
their exploitation and exploration R&D internationalization in response to performance …

Firms often register trademarks as they launch new products or services. We find that the
number of new trademark registrations positively predicts firm profitability, stock returns, and …

Are retail investors using uncurated disclosures in form of patents for their investment
decisions? This study uses the investment decisions of retail investors and variation in the …

We investigate how two experiences of technology search and product component reuse
singly and jointly drive firms to generate subsequent new product innovations. We …