A Review of the Accounting Literature on Innovation
Abstract
We review the accounting literature on innovation, focusing on the attributes of innovation that collectively make it unique from other resources: novelty, nonrivalry, and partial excludability. These unique attributes help innovation drive economic growth but create information-based challenges that accounting researchers are well-suited to address. We discuss the definition and measurement of innovation, then review the accounting literatures on the disclosure, management, financial reporting, taxation, and contracting and financing of innovation. For each of these literatures we identify challenges and opportunities for future research.
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- Keyword(s):
- accounting 109
- innovation 176
https://kenaninstitute.unc.edu/publication/a-review-of-the-accounting-literature-on-innovation/
