Latent technology as an outcome of R&D

Cunningham, James and Link, Albert N. (2021) Latent technology as an outcome of R&D. Technological Forecasting and Social Change, 162. p. 120371. ISSN 0040-1625

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Official URL: https://doi.org/10.1016/j.techfore.2020.120371

Abstract

This paper focuses on a situation in which a firm decides to sell its non-commercialized technology to another firm rather than commercialize it (a latent entrepreneurial firm), and the other firm then adopts the appearance of an emergent entrepreneur. Using U.S. project data from firms funded through the U.S. Small Business Innovation Research (SBIR) program, we find using a qualitative choice model that firms that do not commercialize their newly developed SBIR-funded technology have a greater probability of selling their technology to another firm. We also identify other covariates with the probability that such a firm will sell their technology.

Item Type: Article
Uncontrolled Keywords: Latent entrepreneurship, Emergent entrepreneurship, Sbir, Commercialization
Subjects: N100 Business studies
Department: Faculties > Business and Law > Newcastle Business School
Depositing User: John Coen
Date Deposited: 21 Oct 2020 10:31
Last Modified: 21 Oct 2020 10:31
URI: http://nrl.northumbria.ac.uk/id/eprint/44569

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