Latent technology as an outcome of R&D

James A. Cunningham and Albert Link

Technological Forecasting and Social Change, 2021, vol. 162, issue C

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. 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)
Date: 2021
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Citations: View citations in EconPapers (4)

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Working Paper: Latent Technology as an Outcome of R&D (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:162:y:2021:i:c:s0040162520311975

DOI: 10.1016/j.techfore.2020.120371

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