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

作者: 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.
叢書: Intellectual Property Research Institute of Australia working paper, no. 02/02.
版本/格式:   圖書 : 英語所有版本和格式的總覽
資料庫: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)  再讀一些...
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資料類型: 網際網路資源
文件類型: 圖書, 網路資源
所有的作者/貢獻者: Joshua Gans; Scott Stern; David H Hsu; Intellectual Property Research Institute of Australia.
ISSN:1447-2317
OCLC系統控制編碼: 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.
叢書名: Intellectual Property Research Institute of Australia working paper, no. 02/02.
責任: 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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