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The purpose of this study is to present a unique database on commercialized patents and to illustrate how it can be … used to analyze the commercialization process of patents. The dataset is based on a survey of Swedish patents owned by … commercialization not found anywhere else, including whether, when and how (acquisition, licensing, existing or new firm) patents were …
Persistent link: https://www.econbiz.de/10012259861
In this paper we construct a model in which entrepreneurial innovations are sold into oligopolistic industries and where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as exacerbated development by better-informed venture-backed...
Persistent link: https://www.econbiz.de/10003774795
We construct a model where incumbents can either acquire basic innovations from entrepreneurs, or wait and acquire developed innovations from entrepreneurial firms supported by venture capitalists. We show that venture-backed entrepreneurial firms have an incentive to overinvest in development...
Persistent link: https://www.econbiz.de/10003809049
Using linked employer-employee data from Sweden, a difference-in-difference approach, and 201 private equity buyouts undertaken between 1998 and 2004, we show that unemployment risk declines and labor income increases for employees in the wake of a private equity buyout. Unemployment risk...
Persistent link: https://www.econbiz.de/10009530911
high-quality inventions to preempt rivals from obtaining them. Using Swedish data on patents granted to small firms and …
Persistent link: https://www.econbiz.de/10011742388
destruction by increasing the entrepreneurial effort allocated to high-quality invention projects. Using detailed data on patents … under bidding competition. -- Acquisitions ; Entrepreneurship ; Innovation ; Start-ups ; Patent ; Ownership ; Quality …
Persistent link: https://www.econbiz.de/10003843246
Despite the central role played by human capital in entrepreneurship, little is known about how employees in entrepreneurial firms are compensated and incentivized. We address this gap in the literature by studying 18,935 non-CEO compensation contracts across 1,809 privately-held venture-backed...
Persistent link: https://www.econbiz.de/10009580783
Startups face a trade-off between short-term profitability versus long-term growth where investors tolerate prolonged … predicts that investors facing better exit opportunities have a higher loss tolerance, encouraging startups to pursue more … startups backed by US venture capitalists experience deeper J-curves than those backed by non-US venture capitalists. They have …
Persistent link: https://www.econbiz.de/10015051922
This study examines the governance attributes of post-IPO (initial public offering) retained ownership of private … findings reveal private equity retain higher post-IPO ownership in business group constituents compared to unaffiliated firms …
Persistent link: https://www.econbiz.de/10011343015
Building on recent research in social psychology, this paper analyzes the link between the precision of initial cash …
Persistent link: https://www.econbiz.de/10010403658