Publisher Summary This chapter discusses the perceptible movement of empirical scholars
from a narrow concern with the role of firm size and market concentration toward a broader …

Schumpeter's conjecture that large monopolistic firms were the key source of innovation in
modern industrial economies has been the underpinning for much work on the topic of …

Research Summary Strategic openness—firms voluntary forfeiting of control over resources—
seemingly challenges the premise of the resource‐based view (RBV), which posits that firms …

To cope with fast-changing business environments, firms are increasingly opening up their
organizational boundaries to tap into external source of knowledge. By restructuring their …

We exploit staggered changes in state-level corporate tax rates to show that an increase in
taxes reduces future innovation. A variety of tests, including those based on policy …

This paper considers cost-reducing R&D investment with spillovers in a Cournot oligopoly
with overlapping ownership. We show that overlapping ownership leads to internalization of …

This study examines the determinants of technological innovation and its impact on firm
labor productivity across Latin American countries (Argentina, Chile, Colombia, Costa Rica …

Open Innovation describes an emergent model of innovation in which firms draw on
research and development that may lie outside their own boundaries. In some cases, such …

Contrary to the usual assumption made in most oligopoly models, relations among firms are
seldom of a wholly cooperative or non-cooperative type: in many situations, they compete in …

The Open Innovation paradigm can be understood as the antithesis of the traditional vertical
integration model where internal research and development (R&D) activities lead to …