business innovation

Executive Hubris: Good News for Innovation
YANG, Hongyan | TANG, Yi | LI, J. T.

Overconfidence among top managers may be “instrumental” to firm innovation, according to a pioneering new study of more than 6,000 U.S. and Chinese companies. Given the crucial role played by executives in every aspect ...

Corporate Performance: The Vital Connection Between Information and Managerial Decisions
NOVOSELOV, Kirill E. | HSU, Charles | WANG, Rencheng

The real economic effects of financial reporting can be understood by looking into the joint effect of managerial overconfidence and accounting conservatism, specifically regarding the quality of corporate decisions. For instance, ...

Innovation and Development via Overseas Exports
XIE, Zhenzhen | LI, J. T.

Exporting plays a significant role in the development of a firm, as can provide an opportunity to access knowledge from other sources, which can facilitate organizational learning. As such, governments in emerging markets (EMs) en ...

Which is Best: Dynamically Learning the Statistical Characteristics of Systems
SHIN, Dongwook | BROADIE, Mark | ZEEVI, Assaf

Existing studies into ordinal optimization fall into one of two categories: fixed budget or fixed confidence. With fixed budget, the aim is to minimize the probability of false selection given a sampling budget. In a fixed confide ...