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When does start-up innovation spur the gale of creative destruction?

Autor Joshua Gans; Scott Stern; David H Hsu; Intellectual Property Research Institute of Australia.
Vydavatel: Melbourne, Vic. : Intellectual Property Research Institute of Australia, 2002.
Edice: Intellectual Property Research Institute of Australia working paper, no. 02/02.
Vydání/formát:   book : EnglishZobrazit všechny vydání a formáty
Databáze:WorldCat
Zhrnutí:
This paper examines the determinants of commercialisation strategy for start-up innovators. The authors examine whether the returns on innovation are earned through product market competition versus cooperation with established firms (through licensing, alliances or acquisition). The authors' hypotheses are that the relative returns to cooperation are increasing in (a) control over intellectual property rights, (b)  Read more...
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Detaily

Typ materiálu: Internet resource
Typ dokumentu: Book, Internet Resource
Všichni autoři/tvůrci: Joshua Gans; Scott Stern; David H Hsu; Intellectual Property Research Institute of Australia.
ISSN:1447-2317
OCLC číslo: 223413945
Popis: [16] p. : ill., tables ; 21 cm.
Obsahy: 1. Introduction --
2. The determinants of start-up commercialisation strategy --
3. Data --
4. Empirical results --
5. Discussion and conclusions.
Název edice: Intellectual Property Research Institute of Australia working paper, no. 02/02.
Odpovědnost: Joshua S. Gans, David H. Hsu, Scott Stern.

Anotace:

This paper examines the determinants of commercialisation strategy for start-up innovators. The authors examine whether the returns on innovation are earned through product market competition versus cooperation with established firms (through licensing, alliances or acquisition). The authors' hypotheses are that the relative returns to cooperation are increasing in (a) control over intellectual property rights, (b) low transaction costs, and (c) sunk costs associated with product market entry. Using a novel dataset of the commercialisation strategies of start-up innovators, the results suggest that the pro-competitive impact of start-up innovation - the gale of creative destruction - depends on imperfections in the market for ideas.

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