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

著者: Joshua Gans; Scott Stern; David H Hsu; Intellectual Property Research Institute of Australia.
出版商: Melbourne, Vic. : Intellectual Property Research Institute of Australia, 2002.
丛书: Intellectual Property Research Institute of Australia working paper, no. 02/02.
版本/格式:   Print book : 英语查看所有的版本和格式
数据库:WorldCat
提要:
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)  再读一些...
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材料类型: 互联网资源
文件类型: 书, 互联网资源
所有的著者/提供者: Joshua Gans; Scott Stern; David H Hsu; Intellectual Property Research Institute of Australia.
ISSN:1447-2317
OCLC号码: 223413945
描述: [16] p. : ill., tables ; 21 cm.
内容: 1. Introduction --
2. The determinants of start-up commercialisation strategy --
3. Data --
4. Empirical results --
5. Discussion and conclusions.
丛书名: Intellectual Property Research Institute of Australia working paper, no. 02/02.
责任: Joshua S. Gans, David H. Hsu, Scott Stern.

摘要:

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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