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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17181 |
来源ID | Working Paper 17181 |
Business Partners, Financing, and the Commercialization of Inventions | |
Thomas Åstebro; Carlos J. Serrano | |
发表日期 | 2011-06-29 |
出版年 | 2011 |
语种 | 英语 |
摘要 | This paper studies the effect of business partners on the commercialization of nvention based ventures, and it assesses the relative importance of partners' human and social capital on commercialization outcomes. Projects run by partnerships were five times more likely to reach commercialization, and they had mean revenues approximately ten times greater than projects run by solo-entrepreneurs. These gross differences may be due both to business partners' value added and to selection. After controlling for selection effects and observed/unobserved heterogeneity, our smallest estimate of partner value added approximately doubles the probability of commercialization and increases expected revenues by 29% at the sample mean. |
主题 | Financial Economics ; Financial Institutions ; Labor Economics ; Labor Supply and Demand ; Other ; Accounting, Marketing, and Personnel ; Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w17181 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574855 |
推荐引用方式 GB/T 7714 | Thomas Åstebro,Carlos J. Serrano. Business Partners, Financing, and the Commercialization of Inventions. 2011. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w17181.pdf(351KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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