We introduce a firm-specific measure of the technological aspect of competition—
technological peer pressure—and examine firm-initiated product development-related press …

We examine how product market competition affects the disclosure of innovation. Theory
posits that product market competition can cause firms to increase their disclosure of …

This study explores how redacting proprietary information from public filings is related to
analyst following and the properties of analysts' earnings forecasts. Using hand-collected …

The Leahy-Smith America Invents Act of 2011 (AIA) fundamentally changed the US public
patent system. This study examines whether and how the enactment of the AIA affects …

Advertising is a critical competitive tool that shapes interactions among firms in the product
market. Using third-party tracked data on advertising outlet costs, I find that a nontrivial …

An innovation is difficult to finance as mere disclosure reduces its value. We study strategic
non-disclosure in a novel setting of mandatory disclosures of IP licensing agreements made …

We examine whether the threats of new entry emerging from the entrepreneurial space
influence incumbents' information disclosure behavior in the fast-moving information …

Technology spillovers are shown to have important implications on firms' market valuation
and innovation activities. Building on this literature, we show that value-relevant information …

This paper examines the channel through which innovation fosters growth. It focuses on the
firm-level ability to utilize existing external knowledge: absorptive capacity (AC). This paper …

Research and development (R&D) is a growing part of corporate investment as is its
importance in the valuation of firms. R&D is based on intangible ideas that may not be fully …