Research PolicyPub Date : 2025-12-01Epub Date: 2025-09-25DOI: 10.1016/j.respol.2025.105334
Zhijie Zhang , Qingqing Zong
{"title":"Women's empowerment and participation in innovation: Evidence from the one-child policy in China","authors":"Zhijie Zhang , Qingqing Zong","doi":"10.1016/j.respol.2025.105334","DOIUrl":"10.1016/j.respol.2025.105334","url":null,"abstract":"<div><div>Women have historically been underrepresented in technological innovation activities, leading to a substantial underutilisation of human resources. This study examines the impact of family-level women's empowerment on their participation in innovation using China's one-child policy and patent data from 2009 to 2021. The findings indicate that strengthening women's empowerment can effectively enhance their participation in innovation by increasing human capital, reducing domestic responsibilities, reinforcing gender equality awareness, and increasing the likelihood of remaining unmarried. Furthermore, the heterogeneity analysis of enterprise characteristics and regional factors reveals that the positive impact of women's empowerment on participation in innovation is more pronounced in enterprises with a higher proportion of female directors, lower market uncertainty, and weaker competition. The effect is also more significant in regions with weaker fertility culture, son preference, and gender identity norms. This study contributes to eliminate occupational gender segregation and fully use women's intellectual resources to promote innovation.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 10","pages":"Article 105334"},"PeriodicalIF":8.0,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145159046","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Research PolicyPub Date : 2025-12-01Epub Date: 2025-09-12DOI: 10.1016/j.respol.2025.105324
Ralf Wilden , Nidthida Lin , Francesco Chirico , Saad Khan
{"title":"How do CEOs seek advice from CMOs vs. CTOs in radical innovation decision making under uncertainty?","authors":"Ralf Wilden , Nidthida Lin , Francesco Chirico , Saad Khan","doi":"10.1016/j.respol.2025.105324","DOIUrl":"10.1016/j.respol.2025.105324","url":null,"abstract":"<div><div>In situations of high uncertainty, Chief Executive Officer (CEO) advice seeking is of critical importance to access additional knowledge to inform their strategic decisions, such as in relation to radical innovation. Yet, little research has investigated the underlying mechanisms of CEO advice seeking in radical innovation decisions – especially when CEOs face conflicting advice. Using data from two discrete choice experiments (249 CEOs and 155 CEOs, respectively), complemented by ten qualitative interviews with CEOs, Chief Marketing Officers (CMOs) and Chief Technology Officers (CTOs), we investigate how conflicting advice from CMOs and CTOs affects CEO choices in radical innovation projects, contingent on various degrees of market and technological uncertainty. Subsequently, by using additional survey data (166 CEOs), we assess how external advice seeking affects the relationship between advice seeking from CTOs and CMOs and firms' radical innovation performance under market and technological uncertainty. Given conflicting CMO vs. CTO advice, our results indicate that when a radical innovation project is characterized by high technological uncertainty, CEOs are more likely to choose radical innovation projects that the CTO supports, even if the CMO does not. Yet, surprisingly, we do not find that CEOs' radical innovation decisions are affected by CMOs' supporting advice when an innovation project faces high market uncertainty. Finally, we find that the positive effect of CEO advice seeking from CMOs (CTOs) on firms' radical innovation performance is strengthened if the CEO also seeks external advice under high market (technological) uncertainty.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 10","pages":"Article 105324"},"PeriodicalIF":8.0,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145050000","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Research PolicyPub Date : 2025-12-01Epub Date: 2025-09-12DOI: 10.1016/j.respol.2025.105321
Hyunbae Chun , Donghan Shin
{"title":"Beyond automation: The multifaceted impact of advanced digital technologies on employment dynamics","authors":"Hyunbae Chun , Donghan Shin","doi":"10.1016/j.respol.2025.105321","DOIUrl":"10.1016/j.respol.2025.105321","url":null,"abstract":"<div><div>This study investigates the employment effects of the firm-level adoption of advanced digital technologies (ADTs), such as artificial intelligence, big data, cloud computing, and Internet of Things. In contrast to previous research that focuses on individual ADTs, we highlight the role of the simultaneous adoption of multiple ADTs and the motivations underlying this adoption. By integrating matched employer–employee data on job flows with firm-level ADT adoption records, we find that ADT adoption increases net job growth primarily by boosting new hires. This hiring-margin-driven employment effect remains consistent when ADTs are adopted in bundles or used for market creation (i.e., product and service development, sales, and marketing). Consequently, a positive employment effect is found only in the service sector, where multiple ADTs are more actively leveraged for market creation than in the manufacturing sector. Our results suggest that the reasons behind the contrasting empirical findings can be better understood by examining how firms practically utilize ADTs to enhance complementarities.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 10","pages":"Article 105321"},"PeriodicalIF":8.0,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145049996","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"“Talk social sciences to me”: Enhancing the dissemination of social sciences through mass media engagement","authors":"Quentin Plantec , Julien Cloarec , Cylien Gibert , Marie-Alix Deval","doi":"10.1016/j.respol.2025.105291","DOIUrl":"10.1016/j.respol.2025.105291","url":null,"abstract":"<div><div>This study examines mass media communication as a vital yet under-explored channel for disseminating social sciences. Drawing on the knowledge transfer and science communication literature, we identify specific Social Sciences Communication Barriers (SSCBs) that may hinder the effectiveness of mass media in this regard. These barriers include perceptions of lower expertise compared to STEM fields, heightened competition from non-academics, and difficulties aligning disciplinary expertise with public expectations. By means of a between-subjects experiment, we analyse responses to op-eds written by social scientists in economics, management science and sociology on business-related topics. Using a representative French sample (n = 1080), complemented by replication studies in two other European contexts, we find that social scientists benefit from an “academic premium” in terms of credibility that significantly enhances engagement with their audiences, thus supporting the effectiveness of mass media as a dissemination channel—but solely when addressing topics aligned with their disciplinary expertise. Conversely, this premium is diminished when academics also act as consultants. This study addresses calls for further research on knowledge dissemination in the social sciences and offers insights for scholars, institutions, and policymakers.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 9","pages":"Article 105291"},"PeriodicalIF":8.0,"publicationDate":"2025-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144858446","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Research PolicyPub Date : 2025-11-01Epub Date: 2025-08-13DOI: 10.1016/j.respol.2025.105311
Yuhan He, Jinqiu Lyu
{"title":"Export controls and innovation transfer within Chinese business groups: Evidence from the U.S. entity list","authors":"Yuhan He, Jinqiu Lyu","doi":"10.1016/j.respol.2025.105311","DOIUrl":"10.1016/j.respol.2025.105311","url":null,"abstract":"<div><div>This paper investigates the positive effect of U.S. export controls on the innovation performance of firms in Chinese business groups. Using annual microdata from 2010 to 2022, we analyze how firms indirectly affected by the U.S. entity list respond to these shocks. The positive effect of export controls on innovation performance is evident when indirectly shocked firms are peers of the blacklisted firms and becomes even more pronounced when they are upstream of the blacklisted firms, driven by the need for suppliers to initiate their own innovations. Additionally, we find that both capital and talent within the group are reallocated to these indirectly affected firms following the sanctions. These findings suggest that business groups serve as an internal innovation market, where innovation transfer occurs through inter-firm industrial interaction and resource reallocation. However, the shocks show no significant effect on the innovation performance of the group as a whole, rejecting the hypothesis of overall innovation enhancement. Further analysis reveals that export controls significantly improve firms' productivity, illustrating positive spillover effects on product markets. Overall, this study reveals that export controls drive innovation transfer within Chinese business groups and accelerate technological decoupling from the United States.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 9","pages":"Article 105311"},"PeriodicalIF":8.0,"publicationDate":"2025-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144829980","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Research PolicyPub Date : 2025-11-01Epub Date: 2025-08-12DOI: 10.1016/j.respol.2025.105310
Truc (Peter) Do , Kelvin Jui Keng Tan , Yanhui Wu
{"title":"Health and creativity: Evidence from corporate innovation","authors":"Truc (Peter) Do , Kelvin Jui Keng Tan , Yanhui Wu","doi":"10.1016/j.respol.2025.105310","DOIUrl":"10.1016/j.respol.2025.105310","url":null,"abstract":"<div><div>This study examines how workforce health affects corporate innovation output. At the inventor level, we show that healthier individual inventors, measured using facial recognition-based estimates of Body Mass Index, produce more valuable patents. At the firm level, we show that better workforce health is associated with improved innovation output, particularly in the presence of increased creative destruction and product market competition. Improved workforce health enhances corporate innovation primarily through efficiency gains. This study highlights the importance of workforce health as one of the key drivers of innovation and emphasizes the need for firms to prioritize employee health in their innovation strategies.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 9","pages":"Article 105310"},"PeriodicalIF":8.0,"publicationDate":"2025-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144827562","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Research PolicyPub Date : 2025-11-01Epub Date: 2025-08-06DOI: 10.1016/j.respol.2025.105290
Christian Catalini , Xiang Hui
{"title":"Syndication in equity crowdfunding: Performance and the evaluation of experts","authors":"Christian Catalini , Xiang Hui","doi":"10.1016/j.respol.2025.105290","DOIUrl":"10.1016/j.respol.2025.105290","url":null,"abstract":"<div><div>We study investment syndication on an equity crowdfunding platform where experts (syndicate leads) curate and invest in early-stage firms on behalf of other investors in exchange for shared profit. We provide evidence that this model outperforms direct investments, especially for non-Californian startups with less publicly available information. Additional analyses suggest the better performance comes from reduced asymmetric information and lower transaction costs through better access to quality deals and lower effort for evaluating and monitoring startups. Using a large-scale field experiment, we find that investors are more likely to explore syndicate leads’ profiles when provided information about their network size and favorable track record, suggesting that investors value these two attributes when evaluating leads. A survey of 44 active investors shows that large networks are perceived as signals of access to quality deals, reputation, and due diligence, while track record is perceived as a signal of leads’ ability and a direct measure of success. These findings suggest that the syndication model can enhance market efficiency in equity crowdfunding and that emphasizing leads’ professional networks and past performance can be an effective strategy for increasing adoption of the model.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 9","pages":"Article 105290"},"PeriodicalIF":8.0,"publicationDate":"2025-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144779406","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Research PolicyPub Date : 2025-11-01Epub Date: 2025-08-20DOI: 10.1016/j.respol.2025.105307
Andrés Rodríguez-Pose , Zhuoying You , Peter Teirlinck
{"title":"The political extremes and innovation: How support for extreme parties shapes overall and green scientific research and technological innovation in Europe","authors":"Andrés Rodríguez-Pose , Zhuoying You , Peter Teirlinck","doi":"10.1016/j.respol.2025.105307","DOIUrl":"10.1016/j.respol.2025.105307","url":null,"abstract":"<div><div>This paper explores the relationship between support for extreme political parties and research and innovation across regions in the European Union (EU). Extreme parties often exhibit deep scepticism towards expertise and science, with extreme right-wing parties, in particular, challenging the legitimacy of climate change; an attitude that may weaken green research and innovation. We draw on data from 1137 EU regions —including scientific publication and patent records— and apply Tobit regression models to find that stronger support for extreme parties is associated with lower levels of scientific research and technological innovation, both overall and in their green forms. While this pattern is visible across the political spectrum, important differences emerge. Support for extreme right-wing parties is consistently tied to reduced research output and innovation performance, particularly in green technological sectors. By contrast, the relationship with extreme left-wing support is more variable, depending on the degree of radicalism, and shows no consistent negative connection with green innovation.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 9","pages":"Article 105307"},"PeriodicalIF":8.0,"publicationDate":"2025-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144866716","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Research PolicyPub Date : 2025-11-01Epub Date: 2025-09-02DOI: 10.1016/j.respol.2025.105303
Helen Toxopeus , Friedemann Polzin , Wanxiang Cai , Ronald Huisman
{"title":"Investor types and campaign dynamics in investment crowdfunding: A herding and collective action perspective","authors":"Helen Toxopeus , Friedemann Polzin , Wanxiang Cai , Ronald Huisman","doi":"10.1016/j.respol.2025.105303","DOIUrl":"10.1016/j.respol.2025.105303","url":null,"abstract":"<div><div>Digitisation has transformed, diversified, and democratised the venture finance field with the rise of investment crowdfunding. Early venture finance markets are characterised by unattractive risk–return propositions and high information asymmetries. The inflow of new investors through crowdfunding has raised concerns regarding the quality of their investment decisions. Herding and information cascades have been at the core of the theoretical explanations of campaign dynamics in investment crowdfunding. However, this interpretation ignores the role of public-good-type externalities produced by early ventures. Based on the assumption that early ventures produce double externalities – knowledge spillovers and sustainable or social impact – we propose viewing (crowd) investor behaviour and campaign dynamics through a herding and a collective action lens. We discuss how herding and collective action can explain investment types, behaviour, and investment crowdfunding dynamics. To understand public–private funding dynamics, we first identified four investor types: idealists, change agents, gain seekers, and professionals. This was done by combining and exploiting multiple datasets of three innovative early ventures' crowdfunding campaigns. Using platform transaction data, we used these types to predict investors' behaviours and to describe campaign dynamics. Using herding and collective action theory, we describe three mechanisms that shape campaign dynamics between types of investors: rational herding, gatekeeping, and reciprocating. We argue that the combination of the two aforementioned theoretical lenses offers an advanced understanding of investment crowdfunding and provides guidance for platforms and regulators to navigate the tension between access to finance for ventures and investor protection. For regulators, our results suggest withdrawing from a ‘one regulation protects all’ approach and instead tailoring measures to different investor types in order to advance digital and democratised early venture finance, taking into account private and public returns on their investment.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 9","pages":"Article 105303"},"PeriodicalIF":8.0,"publicationDate":"2025-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144925116","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Research PolicyPub Date : 2025-11-01Epub Date: 2025-08-14DOI: 10.1016/j.respol.2025.105312
Rune Dahl Fitjar
{"title":"Does public R&D funding reinforce regional disparities? Exploring the changing geography of public and business R&D expenditure in Europe","authors":"Rune Dahl Fitjar","doi":"10.1016/j.respol.2025.105312","DOIUrl":"10.1016/j.respol.2025.105312","url":null,"abstract":"<div><div>The concentration of R&D investments in regions with strong local capabilities helps these regions pull further ahead in the innovation economy, driving spatial inequality. While there is growing awareness of this geographic dark side of innovation, the role of public R&D funding has largely been overlooked. Yet, the unintended spatial effects of public R&D funding tend to far outweigh the impacts of regional policy (Sternberg, 1996). Public R&D spending is often concentrated in developed regions, meaning that it may in practice work as an anti-regional policy (Forth and Jones, 2020). This paper examines the geography of public R&D funding in European subnational regions and its development over time, using data from Eurostat for 200 regions between 2009 and 2018. First, the paper examines which regions attract public R&D funding. More developed regions tend to receive more public R&D funding, mainly because of their higher business R&D funding and human capital. Second, the paper analyses whether public R&D funding is converging across regions. There is unconditional beta-convergence in public R&D expenditure but no evidence of sigma-convergence. For business R&D expenditure, the initial disparities are higher but there is evidence of both beta- and sigma-convergence. The paper concludes that public R&D funding tends to direct resources towards more well-endowed regions and shows no signs of sigma-convergence. Research and policy addressing regional inequality and the dark side of innovation should pay more attention to the spatial distribution also of public R&D funding.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 9","pages":"Article 105312"},"PeriodicalIF":8.0,"publicationDate":"2025-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144829981","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}