NEW PRODUCT INNOVATIONS AND STOCK PRICE PERFORMANCE

Authors

  • Paul K. Chaney,

    1. The authors are respectively from the Owen Graduate School of Management, Vanderbilt University, Nashville; and the Anderson Graduate School of Management, University of California, Los Angeles. This research is supported, in part, by the Marketing Science Institute, Cambridge, MA. Additional support was received from the Dean's Fund for Faculty Research at the Owen Graduate School of Management and the University Research Council, Vanderbilt University. Comments received from participants at seminars at the 1987 TIMS Marketing Science Conference in Jouy-en-Josas, France, Carnegie Mellon University, Cornell University, SUNY Buffalo, University of Michigan, Northwestern University, University of Rochester, University of Southern California, University of Toronto, and Washington University are gratefully acknowledged as is the research assistance of David Livert, Russell Covey, Keith Crank, Debra Jeter, Athena Lee, and Guy Lever and secretarial assistance of Cordy Cates and Patricia James.
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  • Timothy M. Devinney

    1. The authors are respectively from the Owen Graduate School of Management, Vanderbilt University, Nashville; and the Anderson Graduate School of Management, University of California, Los Angeles. This research is supported, in part, by the Marketing Science Institute, Cambridge, MA. Additional support was received from the Dean's Fund for Faculty Research at the Owen Graduate School of Management and the University Research Council, Vanderbilt University. Comments received from participants at seminars at the 1987 TIMS Marketing Science Conference in Jouy-en-Josas, France, Carnegie Mellon University, Cornell University, SUNY Buffalo, University of Michigan, Northwestern University, University of Rochester, University of Southern California, University of Toronto, and Washington University are gratefully acknowledged as is the research assistance of David Livert, Russell Covey, Keith Crank, Debra Jeter, Athena Lee, and Guy Lever and secretarial assistance of Cordy Cates and Patricia James.
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