Häussler, Carolin; Harhoff, Dietmar; Müller, Elisabeth - Universität <München> / Fakultät für Betriebswirtschaft - 2009
This paper investigates how patent applications and grants held by new ventures improve their abilityto attract venture … biotechnology companies we have identifiedall patents filed at the European Patent Office (EPO). Applying hazard rate analysis, we … find thatin the presence of patent applications, VC financing occurs earlier. Our results also show that VCs payattention …