Latent Technology as an Outcome of R&D

James Cunningham () and Albert Link
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James Cunningham: Northumbira University

No 20-8, UNCG Economics Working Papers from University of North Carolina at Greensboro, Department of Economics

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 than do firms that do commercialize. We also identify other covariates with the probability that such a firm will sell their technology.

Keywords: Latent entrepreneurship; Emergent entrepreneurship; SBIR; Commercialization (search for similar items in EconPapers)
JEL-codes: O32 O33 O38 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2020-09-29
New Economics Papers: this item is included in nep-cse, nep-ent, nep-ino, nep-ppm, nep-sbm and nep-tid
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Citations: View citations in EconPapers (1)

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Journal Article: Latent technology as an outcome of R&D (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:ris:uncgec:2020_008

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