The Immediate Impact of New Product Introductions on Stock Price: The Role of Firm Resources and Size*

144 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Is innovation always beneficial? A meta-analysis of the relationship between innovation and performance in SMEs (2011, background): “Moreover, the general public attributes greater promise to smaller firms investing heavily in innovations than larger organizations (Lee and Chen, 2009).”
The Schumpeterian entrepreneur: a review of the empirical evidence on the antecedents, behaviour and consequences of innovative entrepreneurship (2017, unknown): “Lee and Chen (2009) conduct an event study on the stock market reaction following hundreds of new product announcements and show that the effect is more positive for smaller firms.”
Antecedents and implications of disruptive innovation: Evidence from China (2015, background): “…organisation, including its resource allocation processes (Chao and Kavadias, 2007; Hogan, 2005; Nelson and Winter, 1982); its organisational structure (Cohen and Klepper, 1996; Lee and Chen, 2009; Tsai and Wang, 2005); and its organisational culture (Henderson, 2006; Tushman and O'Reilly, 2002).”