Goal heterogeneity at start-up: are greener start-ups more innovative?

Can start-ups finish up?

n this issue of Circulation: Cardiovascular Quality and Outcomes, Xu et al present findings from a search of US patents related to bare-metal coronary stents in an effort to gain insight on how medical device innovation starts and how policies in the United States might help to promote more innovation. 1 Of the 245 patents identified by their search strategy for the years 1984 to 1994, the auth...

Why Do Some Universities Generate More Start-ups than Others

The results of this study provide insight into why some universities generate more new companies to exploit their intellectual property than do others. We compare four different explanations for cross-institutional variation in new firm formation rates from university technology licensing offices (TLOs) over the 1994–1998 period—the availability of venture capital in the university area; the co...

Bottom-up sales forecasting for Pre-revenue Start-ups

Do Venture Capitalists Affect Commercialization Strategies at Start-ups?

I empirically study the effect of venture capital (VC) on product development and commercialization strategy of start-up organizations. In doing so, I segment entrant commercialization strategies into two camps according to competitive effect: to “cooperate” is to license-out technology or be acquired, while to “compete” is to develop technology independently. Building on the work of Gans, Hsu,...

Start-Ups Resulting from Opportunity and Necessity

“I Want to, But I Also Need to”: Start-Ups Resulting from Opportunity and Necessity When unemployed persons go into business, they often are characterized as necessity entrepreneurs, because push factors, namely their unemployment, likely prompted their decision. In contrast to this, business founders who have been previously employed represent opportunity entrepreneurs because pull factors pro...