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We provide the first measurement of knowledge spillovers from venture capital-financed companies onto the patenting activities of other companies. On average, these spillovers are nine times larger than those generated by the R&D investment of established companies. Spillover effects are larger...
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Technological innovation requires large investments. Venture capital (VC) is a prominent financial source for … innovative start-ups. A venture capitalist will inevitably transfer knowledge to facilitate the innovation of a firm while … of new product innovation performance of a venture-backed firm in the big data environment is presented. The model can …
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We provide the first measurement of knowledge spillovers from venture capital-financed companies onto the patenting activities of other companies. On average, these spillovers are nine times larger than those generated by the R&D investment of established companies. Spillover effects are larger...
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