-run performance, but also infl ates their acquisition prices, and lowers their acquirers' overall profits. Patent law usefulness …

that venture capital investments stimulate innovation ('VC-first hypothesis'). This interpretation is, however, one …-sided because there may be a reverse causality that innovations induce venture capital investments ('innovation-first hypothesis … causality issue of venture capital investments and innovation in the US manufacturing industry using both total factor …

measure of innovation alternative to patent count. Unlike the impact on patent count, we do not find that VC investment …

used by innovative firms are closely interdependent with innovation modes adopted by firms (R&D and non-R&D innovations …

a sharp guillotine help explain when and where radical innovation occurs. …

of innovation at industry level and the professionalisation of firms at micro-level. Whilst the VC-to-success link has … whether VC spurs innovation (i) directly after being granted; (ii) indirectly by incentivising firms to increase initial …. Our results show that VC has both direct and indirect effects on firms' innovation decisions regardless of whether the …

venture capital, innovation and entrepreneurship has greatly extended and improved our understanding of one of the major … and organization of the venture capital industry. Later, his most important publications on entrepreneurship, innovation …

This paper investigates short-term effects of big tech start-up acquisitions on innovation empirically. Innovation … research has found a strong positive, causal relationship between VC investment and innovation. Using this insight, we can … explore the repercussions of big tech start-up acquisitions on innovation by examining their effects on venture capital (VC …