commercialization with the startup. While the prevailing theory of disruptive innovation suggests that this will lead to (exclusively …When startup innovation involves a potentially disruptive technology - initially lagging in the predominant performance …) competitive commercialization and the eventual replacement of incumbents, we consider a dynamic strategy involving product market …

We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 … different innovation measures; the only exception is for copyright/trademark. The immigrant advantage holds for older firms as …

framework that contains multiple innovation sizes, multi-product firms, and entry/exit. Firms invest in exploration R&D to … regularities regarding innovation and growth differences across the firm size distribution. We also incorporate patent citations …

We offer empirical information on the correlates of commercialization activity for research projects funded through the … U.S. National Institutes of Health's (NIH's) Small Business Innovation Research (SBIR) award program. Based on this …, we estimate a model of the probability of commercialization as a function of the project's ability to attract additional …

commercialization; entrepreneurship or licenses to established firms, as well as on probabilities of successful commercialization. We … advantage over faculty startups, and that on average the probability of successful commercialization is somewhat higher in the …

locations. In 12 of these areas, innovation is particularly concentrated in a single, large firm; we refer to such locations as …

There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …