Showing 1 - 10 of 174
This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncer-tainty and therefore rely on patents as signals when trying to assess the prospects of...
Persistent link: https://www.econbiz.de/10003861082
This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncer-tainty and therefore rely on patents as signals when trying to assess the prospects of...
Persistent link: https://www.econbiz.de/10010427765
In the presence of asymmetric information, economic agents need to communicate their quality to investors and other parties. While much of the literature focuses exclusively on signaling, we develop a conceptual framework that extends this view with elements of the literature on certification....
Persistent link: https://www.econbiz.de/10013095986
We investigate the causal effect of patent rights on cumulative innovation, using large-scale data that approximate the …
Persistent link: https://www.econbiz.de/10012139072
We investigate the causal effect of patent rights on cumulative innovation, using large-scale data that approximate the …
Persistent link: https://www.econbiz.de/10012863982
We study the blocking effect of patents on follow-on innovation by others. We posit that follow-on innovation requires … freedom to operate (FTO), which firms typically obtain through a license from the patentee holding the original innovation …. Where licensing fails, follow-on innovation is blocked unless firms gain FTO through patent invalidation. Using large …
Persistent link: https://www.econbiz.de/10014503038
Financing constraints have been discussed as a major obstacle to innovation. Small and medium-sized enterprises and … sense and as instruments for financing innovation. It also discusses implications of these developments for public policy …
Persistent link: https://www.econbiz.de/10008493109
This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncertainty and therefore rely on patents as signals when trying to assess the prospects of...
Persistent link: https://www.econbiz.de/10003848824
This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncertainty and therefore rely on patents as signals when trying to assess the prospects of...
Persistent link: https://www.econbiz.de/10010333772
Persistent link: https://www.econbiz.de/10003807992