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We examine how IPOs and acquisitions affect entrepreneurial innovation as measured by patent counts and forward patent citations. We construct a firm-year panel dataset of all venture capital-backed biotechnology firms founded between 198'22'008 tracked yearly through 2006. We address the...
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Background: According to the lead user theory, lead users at the front of a market, benefiting significantly from new … products, usually have more innovation intension than general users. However, little research depicts the entrepreneurship … motivations that drive innovators to become businesspeople. Hence, this study investigates Taiwanese entrepreneurs to fill this …
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