CEO Overconfidence and Innovation
---- Acknowledgements ----
We thank Ulrike Malmendier for providing the data that made this research possible. We also thank Iain Cockburn, Avi Goldfarb, Teck Ho, Tanjim Hossain, Lisa Kramer, Mark Schankerman, Xianwen Shi, Mo Xiao and seminar participants at the University of Toronto, Ryerson University, the November 2009 NBER Productivity Lunch and the May 2010 Choice Symposium for helpful suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.