Plausibly Exogenous [1399] - Firm Innovation (11/30/2023)
LHS Variable
Patent sales
RHS Variable
Public firm disclosures
Source of Exogenous Variation
EDGAR implementation that moved firms’ SEC filings online as a plausibly exogenous shock to the timing of widely disseminated SEC filings
- Kim and Valentine (2022), “Corporate financial disclosures and the market for innovation”