-based innovation system. We develop an analytical model where startups are more efficient at solving technical challenges and …

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 …