NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Does Economic Insecurity Affect Employee Innovation?

Shai Bernstein, Timothy McQuade, Richard R. Townsend

NBER Working Paper No. 24011
Issued in November 2017

---- Acknowledgements ----

We are grateful to Elizabeth Berger, Nick Bloom, Hans Hvide, Sabrina Howell, Hyunseob Kim, Josh Lerner, Hanno Lustig, William Mann, Ramana Nanda, Hoai-Luu Nguyen, Luigi Pistaferri as well as seminar participants at Boston College, London Business School Summer Symposium, Bergen Innovation Workshop, NBER SI Innovation, HULM Conference, Notre Dame, Stanford (GSB), Tuck Private Equity and Entrepreneurship Conference, University of British Columbia, University of Colorado Boulder, University of Texas Austin, and Western Finance Association for helpful comments and suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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