Abstract

  
 

References (87)



 


 



Corporate Philanthropy and Innovation


Frederick L. Bereskin


University of Delaware

Terry L. Campbell II


University of Delaware - Department of Finance

Po-Hsuan Hsu


University of Hong Kong
November 30, 2012


Abstract:     
We examine the association between corporate giving and innovation, using a unique data set of both direct giving and foundation giving. We find that direct giving by firms is positively associated with a higher quantity and quality of innovation, and with more collaborative, explorative, and original innovation. In contrast, our results do not hold for giving by corporate foundations. Our findings provide evidence of the distinct motives by which firms choose between direct giving and giving through a corporate foundation, and help explain firms’ traditional resistance to mandatory disclosure of their giving programs.

Number of Pages in PDF File: 43

Keywords: Innovation, Philanthropy, Patents, Disclosure

working papers series


Download This Paper

Date posted: July 17, 2012 ; Last revised: April 16, 2013

Suggested Citation

Bereskin, Frederick L., Campbell, Terry L. and Hsu, Po-Hsuan, Corporate Philanthropy and Innovation (November 30, 2012). Available at SSRN: http://ssrn.com/abstract=2111554 or http://dx.doi.org/10.2139/ssrn.2111554

Contact Information

Frederick L. Bereskin (Contact Author)
University of Delaware ( email )
Alfred Lerner College of Business and Economics
Newark, DE 19716
United States
Terry Lee Campbell II
University of Delaware - Department of Finance ( email )
College of Business and Economics
Newark, DE 19716
United States
Po-Hsuan Hsu
University of Hong Kong ( email )
Pokfulam Road
Hong Kong
China
Feedback to SSRN (Beta)


Paper statistics
Abstract Views: 514
Downloads: 128
Download Rank: 113,652
References:  87

© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright
This page was processed by apollo8 in 0.328 seconds