Trotz eines wachsenden Forschungsinteresses gibt es bisher wenige Erkenntnisse zu dem Kontext, in dem junge Unternehmen lernen. Der Zusammenhang zwischen Lernen und der Schutzfähigkeit technologischer Ressourcen wird anhand 72 akademischer Ausgründungen empirisch getestet. Die Ergebnisse...

We review and condense the body of literature on the economic returns of public R&D on private R&D and find that: (i) private returns to R&D appear to be large and larger than the returns to alternative investments; (ii) private R&D and R&D subsidies are positively correlated and there is no...

We review and condense the body of literature on the economic returns of public R&D on private R&D and find that: (i) private returns to R&D appear to be large and larger than the returns to alternative investments; (ii) private R&D and R&D subsidies are positively correlated and there is no...

For academic spin-off's I analyze the length of time between the founder's leaving of academia and the establishment of his firm. Technology transfer can take place even years after leaving the mother institution. A duration analysis reveals that a longer time-lag is caused by the necessity of...