Exploiting the staggered implementation of board gender quotas in Europe, this study examines their effect on firms’ environmental, social, and governance (ESG) performance. I find that firms’ environmental and…
We introduce a conceptual framework of global technological impact that assesses a country’s unilateral impact on another country’s knowledge base and, in turn, derives its bilateral and global impact. To…
The global economic landscape has fundamentally shifted from the paradigm of globalization to renewed concerns regarding the risks and rewards of technological interdependence. This shift has sparked a critical…
While many digital technologies provide opportunities for creating business models with an impact on sustainability, some technologies, especially blockchain applications, are often criticized for harming the…
We develop a new method to measure the importance of a patent for subsequent innovation, based on the use of a Large Language Model to process patent text data and a new model of the innovation process. We apply…
This paper estimates the effect of heterogeneous university funding programs within the German Excellence Initiative on a regional firm’s probability to innovate by using a multi-valued two-way fixed effects…