Innovation capital

David B. Audretsch () and Albert Link
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David B. Audretsch: Indiana University

The Journal of Technology Transfer, 2018, vol. 43, issue 6, No 14, 1760-1767

Abstract: Abstract In this paper we compare the relationship between a firm’s innovation capital and the likelihood that a firm will commercialize an invention. Our index of innovation capital is the product of the firm’s human capital, social capital, and reputational capital. We find from our empirical experiment, which uses Small Business Innovation Research data, that innovation capital is a statistically more important entrepreneurial input to the innovation output of commercialization than any of its components.

Keywords: Innovation capital; Human capital; Social capital; Reputational capital; Entrepreneurship; Commercialization (search for similar items in EconPapers)
JEL-codes: L31 O31 O38 (search for similar items in EconPapers)
Date: 2018
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Working Paper: Innovation Capital (2018)
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DOI: 10.1007/s10961-018-9700-6

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