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Lookup NU author(s): Professor James Cunningham
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY-NC-ND).
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.
Author(s): Cunningham JA, Link AN
Publication type: Article
Publication status: Published
Journal: Technological Forecasting and Social Change
Print publication date: 01/01/2021
Online publication date: 10/10/2020
Acceptance date: 28/09/2020
Date deposited: 19/11/2021
ISSN (print): 0040-1625
ISSN (electronic): 1873-5509
Publisher: Elsevier Inc.
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