Patent trolls appropriate profits from innovation solely by enforcing patents against infringers.They are often characterized as relying on low-quality patents, an assessment that, if correct,would imply that eradicating such patents would effectively terminate the troll business. Inthis paper,...

We provide the first empirical evidence on the determinants of the lending decision of venture debt firms, specialized institutions that provide loans to finance growth of high-tech startups. Building on existing field interviews and case studies, we design a choice experiment of the lending...

Empirical studies have analyzed the effectiveness of various appropriability mechanisms, and have carved out a number of contingency factors such as industry, country, technology, and commercialization strategy. This literature, however, neglects the strategic possibility that organizations...

The ability of firms to effectively use mechanisms that support them in appropriating value from innovation is key to outperforming competitors. Yet, such mechanisms have, for the most part, been studied in isolation, without accounting for interactions between them. We address this gap by...

Profiting from technological innovation requires both the development of new products and the capture or appropriation of profits from them. For new product development, the interplay of marketing and R&D has been intensively researched. In contrast, on the issue of capturing value it has been...

Patent trolls appropriate profits from innovation solely by enforcing patents against infringers. They are often characterized as relying on low-quality patents, an assessment that, if correct, would imply that eradicating such patents would effectively terminate the troll business. In this...

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