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specific advantages and disadvantages in producing innovations. Using a comprehensive set of patent data, we show that … commercialization of the product of research requires entrepreneurship, we use the insights into entrepreneurship of economists Joseph … Schumpeter and Israel Kirzner to begin to unpack the red box of university commercialization efforts. This Article examines the …
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We analyze the influence of two contradicting settings on the success in the academic spin-off creation process. Scientists, who are embedded in the academic setting, have to reach out and adapt to the logics of the commercial setting to successfully found their firm. However, along this...
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