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We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Such preemptive acquisitions by incumbents are shown to stimulate...
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names of inventors on patent filings with authors of scientific publications. This methodological procedure can be adjusted …
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External financing is important when inventors and small technology-based firms wish to commercialize their inventions. However, it is likely that problems related to adverse selection and moral hazard are present, and market failures occur, since inventors know more about the inventions than do...
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. For external financing of patent projects and small technology-based firms, Sweden has during long time relied on … government support rather than private venture capital firms. The empirical results show that the larger share of the patent … reasons to the bad performance are: 1) the design of the government loans, where the patent owner can escape from paying back …
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during the commercialization, or the main reasons why the patent was not commercialized. The reasons why larger firms do not …
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