Helmers, Christian and Rogers, Mark (2011). Does patenting help high-tech start-ups? Research policy, 40 (7), pp. 1016-1027.
Abstract
Abstract: Using data on all high- and medium-tech start-ups in the UK in 2000, this paper assesses the effect associated with a firm's decision to patent on a firm's subsequent growth between 2001 and 2005. We propose a new approach to addressing well known issues challenging identification of any patent effect: firm heterogeneity, simultaneity between firm performance and patenting, and sample selection. Our findings suggest that patentees have higher asset growth than non-patentees of between 8% and 27% per annum. © 2011 Elsevier B.V. All rights reserved.
Publication DOI: | https://doi.org/10.1016/j.respol.2011.05.003 |
---|---|
Divisions: | College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship |
Additional Information: | © 2011, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/ |
Uncontrolled Keywords: | growth,patents,start-ups,General Engineering,Management of Technology and Innovation,Strategy and Management,Management Science and Operations Research |
Publication ISSN: | 0048-7333 |
Last Modified: | 05 Aug 2024 12:20 |
Date Deposited: | 06 Oct 2014 12:10 |
Full Text Link: | |
Related URLs: |
http://www.scop ... tnerID=8YFLogxK
(Scopus URL) https://www.sci ... 0680?via%3Dihub (Publisher URL) |
PURE Output Type: | Article |
Published Date: | 2011-09 |
Published Online Date: | 2011-06-25 |
Authors: |
Helmers, Christian
Rogers, Mark |