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commercialization; entrepreneurship or licenses to established firms, as well as on probabilities of successful commercialization. We …This paper analyzes how institutional differences affect university entrepreneurship. We focus on ownership of faculty … find that the US system is less conducive to entrepreneurship than the Swedish system if established firms have some …
Persistent link: https://www.econbiz.de/10010320399
Europe trails the global frontier of productivity growth and the region's trend is sluggish. Much prospective economic growth for Europe is likely to come from AI and its adoption by European firms which is projected to shoot up the productivity trend. For such AI-generated growth to work, high...
Persistent link: https://www.econbiz.de/10014560197
time it takes until commercialization starts. To the best of my knowledge, such an analysis has not been undertaken before …. 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 …
Persistent link: https://www.econbiz.de/10010320091
commercialization of inventions. If the patent holder commercializes his invention, he has stronger incentives to retain the patent. The … if there are any third factors (quality of the patent) that affect the commercialization and renewal decisions. Using a … detailed database of Swedish patents, I utilize a survival model to estimate how commercialization influences the patent …
Persistent link: https://www.econbiz.de/10010320247
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...
Persistent link: https://www.econbiz.de/10010291511
Tiivistelmä 4 Acknowledgements 5 Introduction 9 Essay 1: The private value of patents by patent characteristics …: evidence from Finland 43 Essay 2: Why does the private patent value differ by assignee? 61 Essay 3: Do the assignee …'s characteristics affect the private value of patents? 97 Essay 4: The optimal patent length is shorter than 18 years 131 …
Persistent link: https://www.econbiz.de/10012148905
We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show …
Persistent link: https://www.econbiz.de/10010320309
during the commercialization, or the main reasons why the patent was not commercialized. The reasons why larger firms do not …In this paper, I analyze the commercialization of patents in the Swedish medicine & hygiene sector. A unique database … makes it possible to use a new method, where I follow the commercialization process of individual patents. A surprisingly …
Persistent link: https://www.econbiz.de/10010320145
Recent theories of economic growth have stressed the role of externalities in generating growth. Using data from the Census Bureau that tracks all employers in the whole U.S. private sector economy, we examine the impact of these externalities, as measured by entrepreneurial activity, on...
Persistent link: https://www.econbiz.de/10010270564
This paper explores the relationship between knowledge creation, entrepreneur-ship, and economic growth in the United … general knowledge and economically useful knowledge. Also missing is a mechanism (such as entrepreneurship) converting …
Persistent link: https://www.econbiz.de/10010271771