Publication Type

Conference Paper

Version

acceptedVersion

Publication Date

6-2009

Abstract

I examine how the stock market evaluation of a firm’s innovative activities is influenced by the categorization of the firm and its rivals. I find that innovations that blur the industry boundaries cause negative evaluation bias, but the competing innovations by outside industry firms cause positive evaluation bias in firm valuation.

Discipline

Strategic Management Policy | Technology and Innovation

Research Areas

Strategy and Organisation

Publication

Administrative Sciences Association of Canada Annual Conference 2009, June

First Page

1

Last Page

20

City or Country

Niagara Falls, Canada

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