Business Commons^™

Innovation And Competitiveness Of The Wood Furniture Industry In Kenya, Gilbert Osoro Ototo

LSU Doctoral Dissertations

The wood furniture industry in Kenya has been growing rapidly despite a decline in domestic timber supply. Although most furniture is made locally, a larger share is increasingly being imported from other countries, creating competition for domestic manufacturers. The government aims at shifting most of the demand to domestic producers to protect the sector and create jobs. However, lack of innovation has been cited as the main cause of diminishing competitiveness of the sector. Studies have shown that innovation plays a key role in creating new products, improving production processes, and establishing better business systems.

Innovation in the furniture sector …

Ceo Political Ideology: Implications For Firm Innovation, Samira Fallah

LSU Doctoral Dissertations

In this dissertation, I examine the influence of CEO political ideology on firm’s innovation strategy and outcomes. In my theorizing, I draw on upper-echelons theory that underscores the role of executives’ personal orientations on their decisions as well as the scholarship in political psychology that demonstrates the different values and psychological needs of liberals and conservatives. Given liberals’ lower need to manage uncertainty and their openness to new experiences, I propose that a firm with a more liberal CEO is likely to develop more innovations, pursue exploratory innovations and develop innovations with extreme quality (high and low). I also build …

The Effect Of Innovation On Corporate Tax Avoidance, Peng Guo

LSU Doctoral Dissertations

A large body of literature examines the determinants of corporate tax avoidance. In this paper I examine a new determinant of tax avoidance: innovation. Firms with more innovation generate more patents. Due to information asymmetry between the managers of the firm and tax authorities, firms have considerable discretion in choosing which country the patent revenue is generated in. In this study, I predict that firms with more patents will choose to attribute the revenue from those patents to countries with low tax rates. Using a relatively new data source which contains data on patents, I find evidence consistent with my …

On The Governance Of Innovation: Institutional Ownership Vs. Stock Price, Huong Thi Thu Le

LSU Doctoral Dissertations

Firms can change their outstanding shares to manage their stock price levels. Those with lower stock prices tend to attract more speculative trading, which causes higher price volatility and may force their managers to excessively focus on short-term earnings at the expense of R&D and other long-term projects. Thus, I hypothesize that keeping high stock price levels allows firms to (i) limit speculative traders’ influences on stock prices and thus mitigate investor short-termism, and (ii) enhance R&D productivity. Indeed, I find that high-priced firms are less likely to cut R&D to reverse an earnings decline, less likely to fire their …