Technological Opportunities and New Firm Creation

Scott Shane ()
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Scott Shane: 3355 Van Munching Hall, R.H. Smith School of Business, University of Maryland, College Park, Maryland 20742

Management Science, 2001, vol. 47, issue 2, 205-220

Abstract: Research on the creation of new high-technology companies has typically focused either on industry-level factors such as market structure and technology regime or on individual-level factors such as the work experience of entrepreneurs. This study complements these approaches by examining the effect of technological opportunities on firm formation. In particular, the study shows that the probability that an invention will be commercialized through firm formation is influenced by its importance, radicalness, and patent scope.

Keywords: Entrepreneurship; Patents; Technology Opportunities (search for similar items in EconPapers)
Date: 2001
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Citations: View citations in EconPapers (209)

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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:47:y:2001:i:2:p:205-220

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